Egypt's CBE issues EGP5b FRN T-bonds    EHA launches national telemedicine platform with support from Egyptian doctors abroad    Madbouly reviews strategy to localize pharmaceutical industry, ensure drug supply    Egypt's real estate market faces resale slowdown amid payment pressures    Al-Mashat tells S&P that Egypt working to reduce external debt, empower private sector    Cairo's real estate market shows resilient growth as economy stabilizes: JLL    Egypt's Foreign Minister, Pakistani counterpart meet in Doha    Egypt condemns terrorist attack in northwest Pakistan    Emergency summit in Doha as Gaza toll rises, Israel targets Qatar    Egypt renews call for Middle East free of nuclear weapons، ahead of IAEA conference    Egypt's EDA, Korean pharma firms explore investment opportunities    Egypt's FM heads to Doha for talks on Israel escalation    Egypt advances plans to upgrade historic Cairo with Azbakeya, Ataba projects    Egyptian pound ends week lower against US dollar – CBE    Egypt hosts G20 meeting for 1st time outside member states    Lebanese Prime Minister visits Egypt's Grand Egyptian Museum    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    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.



Plans underway to relocate burnt market to 15th of May City
Published in Daily News Egypt on 24 - 06 - 2010

CAIRO: A Cairo Governorate committee began Thursday a survey of merchants at the ill-fated Friday Market which brunt down on Tuesday, in preparation for its relocation to 15th of May City in two months, said governorate officials.
The fire broke out when a car swerved off Al-Tounsi Bridge in the Sayeda Aisha district and exploded, destroying the market and leaving three dead and 50 injured. Financial losses are estimated at LE 50 million, according to official numbers.
"A deal was reached with Minister of Housing Ahmed El-Maghraby to dedicate 15,000 feddans in 15th of May City to the market which will be moved in two months," Khaled Mostafa, spokesman for the Cairo Governorate, told Daily News Egypt.
"A committee will survey the land and lay out a design for the new market, bearing in mind input from the merchants regarding the size of the units they want according to their needs and the goods they sell," he added.
According to Mostafa, the market will no longer operate in Sayeda Aisha and merchants have been asked to move their belongings from the area by Thursday.
Yet local residents and stall and shop owners are skeptical of the government's promises.
“How many years will it take? How will we feed our children until the government provides us with alternative provisional means?” local resident Hanan told Daily News Egypt.
“I want them to let us earn our living until they find an alternative and if they remove someone today, then he should have another place by tomorrow,” she added.
The market operates fully only on Fridays, but it is the permanent furniture shops that were most affected by the fire.
“Furniture merchants did not pay for their merchandise, they [borrowed the money] signed IOUs," said one resident.
“The least expensive of that merchandise is at least LE 300,000,” merchants told Daily News Egypt Wednesday.
Mostafa, however, says that the valuation of the losses are exaggerated and that compensation will not be that high.
On a related note, emergency repairs to Al-Tounsi Bridge were conducted by Arab Contractors Construction Company before concrete samples were taken from the bridge and analyzed in Cairo University labs.
A committee assigned to examine the damage caused by the fire said in its report that 175 square meters of the bridge had cracked and 100 meters of a nearby railway path were damaged.
Only cars and microbuses are allowed to use the bridge, linking Maadi and Helwan with Nasr City, Al Moqattam and Salah Salem roads, while heavy lorries and public transportation buses use the Ring Road.
A committee made up of construction consultants is set to conduct a loading experiment on the bridge to determine the weight it can withstand and suggest possible solutions.
Traffic authorities are contemplating the use of two roads adjacent to the bridge in the neighboring cemeteries as alternatives to the bridge. –Additional reporting Ingy Hassieb and Diana Maher Ghali


Clic here to read the story from its source.