Investments
Lashin added in a statement, that the company aims to achieve about LE 900 million in sales from its projects during the current year 2021.
This came in the first issue of the "Follow-up to the Citizen Plan in the Governorates" report during the years (18 / 2019-19-2020), which includes an inventory of the projects that were fully completed during the same period, and linking them to the sustainable development goals.
Head of the North Sinai Reconstruction Zone Nagi Ibrahim Mohamed said that such projects aimed at improving the living conditions of Sinai residents and establishing urban communities in the peninsula.
On the other hand, the Egyptian Natural Gas Company (GASCO), one of the companies in the petroleum sector, signed a contract to supply Dahshur 5 and 6 compressor units with a Spanish company.
The company was seeking to enter the Egyptian market in 2020, but the coronavirus pandemic hindered this matter, and plans to enter it were postponed until this year.
Molla stressed the need to improve the health, safety and industrial security systems, while maintaining precautionary measures on all sites, a statement by the Petroleum Ministry said Monday.
Vos clarified that the investments would be through the establishment of two business complexes in Cairo on an area of 2 million square meters each, providing 14 thousand direct job opportunities.
Net invested capital hit LE 558.1 billion in 2018-2019, in comparison to EGP 519.7 bn in 2017-2018, with a 7.4 percent increase, the CAPMAS' bulletin said.
Mukherjee clarified in a press conference that this comes to enhance the competitiveness of the container handling terminal at East Port Said Port.
El-Saeed, affirmed her ministry’s keenness to direct public investments towards developing the infrastructure, especially the sectors of “transport, drinking water and sanitation, and electricity services.
According to the company’s statement, this line will enable it to double its wafer production capacity compared to the start of 2020.
Seven new dispensers were added, 196 new transformers were implemented, 129.5 MVA capacity were added, in addition to 161 metal kiosks, and 1768 medium voltage poles and 2495 low voltage poles were installed.
El-Saeed added Sunday that the number of development projects on the citizen's investment plan in the Suez governorate reached 163 projects
The price of a kilowatt/hour for the solar energy is now 2 cents, while the wind energy will charge 3 cents.
These investments include LE 72.4 million direct investments in 6 companies and LE 31.4 million in indirect investments in a business accelerator.
The move is meant to fully capitalize on the treated drainage water and upgrade the quality of drainage system to collect rainfall and rationalize the consumption of pure water used in agriculture, added Gazzar.
A law firm will be hired to represent Egypt before international arbitration against the Ethiopian government to protect $10-million of Egyptian investments in the country.
A law firm will be hired to represent Egypt before international arbitration against the Ethiopian government to protect $10-million of Egyptian investments in the country.
The report said Egypt implemented 32 projects inside the group's member states as a whole.
Egypt could attract about 38 percent of the FDIs, followed by Tunisia and Sudan with 9 and 8 percent, respectively, said the report.
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