Egypt's FM seeks deeper economic, security ties on five-nation West Africa tour    Famine kills more Gaza children as Israel tightens siege amid global outrage    Kuwait's Crown Prince, Egyptian minister discuss strengthening cooperation    Egyptian Drug Authority discusses plans for joint pharmaceutical plant in Zambia    Egyptian Countryside Development chief discusses cooperation with Italian ambassador    CIB completes fifth securitisation issuance for B.TECH worth EGP 859.4m    Madbouly reviews legalisation of newly annexed lands to new cities, housing offerings    Nigeria endorses El-Anany for UNESCO amid closer economic links with Egypt    Roche helps Egypt expand digital pathology and AI diagnostics    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egyptian pound shows stability in Sunday trading    Egypt foils terrorist plot, kills two militants linked to Hasm group    Egypt exports 175K tons of food in one week    Egypt, Somalia discuss closer environmental cooperation    Egypt's Health Minister reviews upgrades at Gustave Roussy Hospital    Giza Pyramids' interior lighting updated with new LED system    Egypt's EHA, Huawei discuss enhanced digital health    Egypt's EDA explores pharma cooperation with Belarus    Egypt expresses condolences to Iraq over fire tragedy    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, France FMs review Gaza ceasefire efforts, reconstruction    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Egypt, Uruguay eager to expand trade across key sectors    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    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    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    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.



Government plans to launch 12 PPP projects in 2016
Companies invited to a tender in two weeks for rehabilitation and renovation of Real Estate Publicity Department
Abdel Razek Al Shuwekhi Published in Daily News Egypt on 09 - 09 - 2015


By Abdel Razek Al-Shuwekhi and Hussein Sobhy
Atter Hanoura, Head of the Ministry of Finance's Central Partnership Unit, has revealed a plan to launch 12 projects in 2016 through the public-private partnership (PPP) system.
The projects will see investments estimated at between EGP 16bn and EGP 20bn, in different sectors, including the environmental sector, sports, desalination and sewage plants, and recycling facilities.
Hanoura explained that amongst the projects put forward are the construction of four major sports stadiums, a project to recycle waste and the construction of desalination plants, as well as sewage plants in Alexandria, among other projects.
He said that this year will end with the putting up of seven projects worth EGP 10bn. Two projects have already been put forward, including the renovation of the Commercial Register, for which a tender was announced two days ago. The project for renovating the Real Estate Publicity Department (REPD) will be announced in two weeks.
By the end of this month, two desalination plants projects will also be announced, in addition to another one by the end of October. In November, the river bus project will be announced.
Hanoura added that the electricity projects will be put forward for Build-Operate-Transfer (BOT) and Build-Own-Operate (BOO) projects, under the supervision of the Egyptian Electricity Holding Company, in cooperation with the Ministry of Finance. He also said that there has been a large demand for electricity projects after the introduction of the feed-in tariff, as nearly 200 companies proposed the production of 2,000 MW of solar energy and 2,000 MW of wind power.
The Ministry of Finance's Central Partnership Unit will not post advertised land reclamation, as well as housing and real estate projects, but will soon receive studies for road projects in preparation for their launch. These projects may include some of the New Suez Canal Axis projects.
He added that the Safaga Mining Port project, which will be undertaken at a cost of EGP 2.5bn, in addition to a further EGP 2.5bn for the nearby industrial area, will be announced in December. Some companies have expressed their willingness to engage in these projects.
As for projects in Upper Egypt, Hanoura explained that the Safaga desalination plant is serving the region's governorates, in addition to Safaga Port. Deciding on the locations of the projects, he noted, is the responsibility of the relevant ministries, rather than the Ministry of Finance, which is only concerned with needs, priorities, operation, and subtraction. All projects are undertaken through international IPOs, without favouring or targeting specific entities.

Clic here to read the story from its source.