Projects
The president was updated on developments of the New Administrative Capital, especially the residential neighborhoods, interior designs of Misr (Egypt) Mosque affiliated with the Egypt Islamic Cultural Center, encompassing halls such as Dar Al-Quran.
Egypt attaches great importance to strengthening cooperation in the field of electricity and energy with African countries, according to Minister of Electricity and Renewable Energy, Mohamed Shaker.
The ministry added that this comes within the framework of the joint economic relations between Egypt and Germany, which aims to support Egypt’s Vision 2030 and its endeavors to achieve the United Nations’ Sustainable Development Goals (SDGs).
The petroleum sector is currently implementing an integrated work program to develop and modernize the refining and petrochemical system in Egypt by raising the operating efficiency of the already existing refineries and adding new production units.
The Minister explained that the ODA-SDG map is accessible through the Ministry of International Cooperation’s website showcasing the allocation of the $25 billion development portfolio across 377 projects, along with detailed information on the location of each project and the SDGs it fulfills.
Nile Developments posted EGP1.2bn sales from its North 31 “Festival Towers", its first project in the New Administrative Capital, within two months.
Al-Mashat noted that these projects will be implemented in cooperation between Egypt’s relevant ministries and the KfW Development Bank, along with the German Agency for International Cooperation (GIZ).
MG Developments announced that it is targeting an expansion strategy during 2021 through a number of already existing projects, as well as a number of other projects that will be launched during the coming period
The Minister said that the Ministry seeks to achieve more integrated cooperation with all multilateral and bilateral development partners through the three principles of Economic Diplomacy; Multi-Stakeholders Platform, the Official Development Assistance mapping to the UN Sustainable Development Goals, and the Global Partnerships Narrative that puts “People at Core”, “Projects in Action,” and “Purpose as the Driver”.
Shaarawy said that such projects will utilize the materials available in the local environment and turn them into new products that can be reused in food and craft industrial projects.
El-Gamil referred to the size of projects in the sector, performance rates, or returns of those development plans and programs, and perhaps the numbers provide the best picture and evaluation of this unprecedented activity.
The Minister of International Cooperation clarified that these projects contribute to 13 SDGS.
The "Follow-up of Citizen in the Governorates" report includes an inventory of the projects that were fully completed during the years (18 / 2019-19-2020) and linking them to the sustainable development goals.
The former project aims to modernize railway signalling and and renew railway tracks along Cairo-Beni Suef rail line.
Nile Developments contracts with "CFM", a member of the Orascom Group, to provide facilities management solutions for the first Festival Tower in the Administrative Capital.
The report noted that the projects were targeted to sectors including Health by 20 percent, Education by 14percent, and Micro, Small and Medium-sized Enterprises (MSMEs) by 15 percent.
Asran said, in a statement, Wednesday, that Egypt had succeeded in obtaining offers at a competitive price amounting to $ 2 cents per kilowatt/ hour for energy produced from solar power plants and $ 3 cents per kilowatt/hour for energy produced from wind farms.
Ahmed Shalaby: Following the success of Fouka Bay, a second destination for Tatweer Misr in the North Coast was necessary to build on our unique value proposition
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.
The governorates are: Minya, Sohag, Beni Suef, Dakahlia, Gharbia, Luxor, New Valley, Sharkia and Menoufia.
Most Read
