Finance Ministry to offer eight T-bill, bond tenders worth EGP 190bn this week    US forces capture Maduro in "Midnight Hammer" raid; Trump pledges US governance of Venezuela    Gold slips at start of 2026 as thin liquidity triggers profit-taking: Gold Bullion    ETA begins receiving 2025 tax returns, announces expanded support measures    Port Said health facilities record 362,662 medical services throughout 2025    Madbouly inspects Luxor healthcare facilities as Universal Insurance expands in Upper Egypt    Nuclear shields and new recruits: France braces for a Europe without Washington    Cairo conducts intensive contacts to halt Yemen fighting as government forces seize key port    Gold prices in Egypt end 2025's final session lower    From Niche to National Asset: Inside the Egyptian Golf Federation's Institutional Rebirth    Egyptian pound edges lower against dollar in Wednesday's early trade    Oil to end 2025 with sharp losses    5th-century BC industrial hub, Roman burials discovered in Egypt's West Delta    Egyptian-Italian team uncovers ancient workshops, Roman cemetery in Western Nile Delta    Egypt to cover private healthcare costs under universal insurance scheme, says PM at New Giza University Hospital opening    Egypt completes restoration of 43 historical agreements, 13 maps for Foreign Ministry archive    Egypt, Viatris sign MoU to expand presidential mental health initiative    Egypt sends medical convoy, supplies to Sudan to support healthcare sector    Egypt's PM reviews rollout of second phase of universal health insurance scheme    Egypt sends 15th urgent aid convoy to Gaza in cooperation with Catholic Relief Services    Al-Sisi: Egypt seeks binding Nile agreement with Ethiopia    Egyptian-built dam in Tanzania is model for Nile cooperation, says Foreign Minister    Al-Sisi affirms support for Sudan's sovereignty and calls for accountability over conflict crimes    Egypt flags red lines, urges Sudan unity, civilian protection    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    UNESCO adds Egyptian Koshari to intangible cultural heritage list    Egypt recovers two ancient artefacts from Belgium    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    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.



Chinese Firm to fund 1mln Feddans Project Infrastructure
Published in Amwal Al Ghad on 13 - 07 - 2015

The government struck a deal with a Chinese company to fund the infrastructure of the One Million Feddans Project, according to Minister of Housing Mostafa Madbouly.
"The Chinese party requested details of the project and coordination to take place with them with regards to that issue," added Madbouly in a cabinet issued Saturday evening.
The Ministry of Housing signed a memorandum of understanding (MoU) with the Chinese party in May 2015 to provide funding for the infrastructure of the land reclamation and new urban communities development projects within the One Million Feddans Project.
The Chinese company was not named in the statement, but it was described as a company specialised in the field of infrastructure of the agricultural reclamation projects.
During his meeting with Prime Minister Ibrahim Mehleb on Saturday, the housing minister presented the steps that were taken to implement President Abdel Fattah Al-Sisi's commands regarding the Ministry of Housing and its affiliated bodies. Head of the General Organization for Physical Planning, and head of the General Authority for Construction and Housing Cooperatives attended the meeting.
During the meeting, Madbouly presented the follow-up procedures that are being taken to reclaim and develop the one million Feddans in west Minya in terms of land levels, groundwater capabilities, the agricultural crops and the groundwater wells.
The recommended uses of the lands on the site were presented, in addition to suggested developmental methods, like cultivation, industry, fish and wind farming, and logistics services.
The Minister of Housing added that the project aims to create a service village with a total population of around 10,000 people. Moreover, it aims to create five agricultural villages with a total population of 25,000 people, to make use of the fertile lands and cultivate different crops. Lands that cannot be used for agriculture-related activities will be used for fish-farming, urban housing, and other services.
According to cabinet spokesman Hossam El-Kawish, Mehleb requested related governmental bodies to determine the available drilling capabilities of wells that will be used in cultivating the lands.
El-Kawish noted that the meeting also addressed the One Thousand Factories Project in the area of New Cairo. The Minister of Housing asserted that the ministry has completed the delivery of all the facilities for the project. Moreover, temporary licenses will be issued after
The approval of cabinet. Madbouly added that facilities for the project will be offered by the social insurance.
El-Kawish revealed that the Prime Minister requested from the Housing and Building National Research Centre to assess the location of the terrorist attack that targeted the Italian consulate in Downtown Cairo, and to work on restoring the building.
El-Kawish said Mehleb commissioned the concerned public entities to start implementing the New Atfih village development project and turn it into a cooperative producing village, as a pilot experiment within the project of developing the desert hinterland villages.
"The proposed site of the New Atfih village is important from its special location, which makes it a centre point linking the ports and cities of the Red Sea, the area of South Cairo and the north of Upper Egypt," he said.
Atfih is one of the towns of the Giza governorate. It is located on the east bank of the Nile, facing Al-Ayyat town, one of the towns of the 6th of October City, with a population of 320,000 people and a 13 % unemployment rate.
Source: Daily News Egypt


Clic here to read the story from its source.