US budget deficit reaches $291b in July    Egypt, Saudi Arabia reject Israeli plan to occupy Gaza    Egypt prepares to tackle seasonal air pollution in Nile Delta    Egypt adds automotive feeder, non-local industries to list of 28 promising sectors    Egypt, Jordan to activate MOUs in health, industrial zones, SMEs    27 Western countries issue joint call for unimpeded aid access to Gaza    Egypt's Sports Minister unveils national youth and sports strategy for 2025-2032    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egyptian, Ugandan Presidents open business forum to boost trade    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egyptian pound closes high vs. USD on Tuesday – CBE    Egypt, Colombia discuss medical support for Palestinians injured in Gaza    Australia to recognise Palestinian state in September, New Zealand to decide    Trump orders homeless out of DC, deploys federal agents and prepares National Guard    Egypt, Huawei explore healthcare digital transformation cooperation    Global matcha market to surpass $7bn by 2030: Nutrition expert    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt's govt. issues licensing controls for used cooking oil activities    Egypt to inaugurate Grand Egyptian Museum on 1 November    Oil rises on Wednesday    Egypt, Uganda strengthen water cooperation, address Nile governance    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    Egypt, Malawi explore pharmaceutical cooperation, export opportunities    Korean Cultural Centre in Cairo launches folk painting workshop    Egyptian Journalist Mohamed Abdel Galil Joins Golden Globe Voting Committee    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    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.



‘Builders of Egypt' to tackle means of funding projects in Africa
Published in Amwal Al Ghad on 13 - 06 - 2019

The 5th edition of Builders of Egypt forum themed "Building Exports as a New Future for Investment" will look at means of funding developmental projects in the African continent.
Under the patronage of the President Abdelfatah El Sisi, this year edition will bring together 14 presidents of African construction unions and 500 executives of major companies and financing institutions to develop a comprehensive vision for executing major development projects in Africa.
It will also discuss ways to speed up infrastructure projects carried out by the public and private sectors, including the building of railways, seaports, and other projects that help boost sustainable development in Africa.
The participants will offer Egypt's vision on mega projects in Africa as well as necessary coordination between funding bodies, the private sector, and the governments.
The gathering, held under the sponsorship of Egyptian President Abdel Fattah El-Sisi, will look at opportunities for Egyptian construction firms to support the reconstruction of war-torn Iraq and Libya.
The ‘Builders of Egypt' Forum is one of the largest and most important events in the construction industry in Egypt.
The forum is organized by the Egyptian Federation for Construction and Building Contractors having 30,000 member companies, and the Egyptian Export Council for Real Estate as well as and Excellent communications D&N
For the first time, 14 chairpersons of African and Arab construction federations will participate in the forum.
The forum will display available opportunities for Egyptian construction companies in Africa and the Arab World as well as the success stories of some Egyptian contractors in those markets.
The forum will also discuss the possible support by banks to get such opportunities. Equally, the forum will address the challenges faced by Egyptian contractors and that impede them from acquiring a remarkable share of rebuilding opportunities in Libya, Syria, Iraq, and Yemen.
There are 100 industries that depend on the construction sector where 15 percent of Egyptian labor works, and which contributes to GDP growth by 12 percent. The government will display its plan to accomplish national projects in partnership with the private sector within the 2030 vision.
It has been held annually since 2014 with extensive state support, with a view of improving the investment environment in the field of construction and comprehensive development.


Clic here to read the story from its source.