UK investment in Egypt nears $50bn as trade ties deepen – ambassador    Global stocks mixed on Wednesday    Egypt advances strategy to reduce public, external debt    Egypt, China discuss sustainable Gaza ceasefire and Sudan truce    Gaza death toll climbs as winter cold intensifies humanitarian emergency    Public enterprises record $1bn in exports, 20% revenue growth in FY 2024/25: Minister    MSMEDA signs EGP 300m financing agreement with Reefy    GAFI prioritises Start-Up Support Unit, Investor Dispute Settlement Centre: Heiba    GENNVAX launches largest regional vaccine manufacturing facility with $150m investment    Health Minister Discusses radiology upgrade with Curagita, ACH    Sanofi introduces new multiple myeloma treatment to Egyptian market    Central Bank of Egypt, Medical Emergencies, Genetic and Rare Diseases Fund renew deal for 3 years    Egypt, Saudi FMs discuss Gaza, Sudan and preparations for Supreme Coordination Council    Egypt's SPNEX Satellite successfully enters orbit    Egypt unveils restored colossal statues of King Amenhotep III at Luxor mortuary temple    Egyptian Golf Federation appoints Stuart Clayton as technical director    4th Egyptian Women Summit kicks off with focus on STEM, AI    Egypt's PM reviews major healthcare expansion plan with Nile Medical City    UNESCO adds Egyptian Koshari to intangible cultural heritage list    UNESCO adds Egypt's national dish Koshary to intangible cultural heritage list    Egypt calls for inclusive Nile Basin dialogue, warns against 'hostile rhetoric'    Egypt recovers two ancient artefacts from Belgium    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Giza master plan targets major hotel expansion to match Grand Egyptian Museum launch    Australia returns 17 rare ancient Egyptian artefacts    China invites Egypt to join African duty-free export scheme    Egypt calls for stronger Africa-Europe partnership at Luanda summit    Egypt begins 2nd round of parliamentary elections with 34.6m eligible voters    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt scraps parliamentary election results in 19 districts over violations    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches Red Sea Open to boost tourism, international profile    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Cabinet Endorses Development Projects Worth EGP764.2 mln in Halayeb Triangle
Published in Amwal Al Ghad on 01 - 12 - 2013

Egyptian Minister of Planning and International Cooperation Dr. Ashraf Al-Arabi said the Cabinet has ratified an urgent plan for integrated development of Berencie, South Egypt Red Sea (Halayeb, Shalateen and Abu Ramad) with total investments up to EGP764.2 million. The urgent plans aims to implement Infrastructure and community works, in addition to provide this triangle (Halayeb Triangle)with integrated services to lure investments and tourism projects in the region.

Berencie is considered to be the most important tourism and investment region inside Egypt, as it has tourism, investment, human and natural potential resources which require attention.
The Minister added that this plan comes in the framework of the government policy to help citizens, establish social justice, economic stimulus and to lure investments through implementing Infrastructure works and social services to qualify good atmosphere for the private and governmental sectors. Al-Arabi added that these projects will be implemented according to one year timetable till the end of 2014, noting that the plan will include approving EGP340 million in order to complete network roads ,EGP154.3 million for drinking water projects ,EGP84 million for housing projects and EGP41 million to continue water well and agricultural Greenhouses.
In addition to allocating hospitals and health unit projects, which have been allocated EGP13 million as well as electricity projects which worth EGP22 million, and many other sectors that target to improve its conditions in the region.


Clic here to read the story from its source.