Egypt's Al-Sisi ratifies new criminal procedures law after parliament amends it    Singapore's Destiny Energy to invest $210m in Egypt to produce 100,000 tonnes of green ammonia annually    Egypt, South Africa discuss strengthening cooperation in industry, transport    Egypt's FM discusses Gaza, Libya, Sudan at Turkey's SETA foundation    UN warns of 'systematic atrocities,' deepening humanitarian catastrophe in Sudan    Egypt launches 3rd World Conference on Population, Health and Human Development    Cowardly attacks will not weaken Pakistan's resolve to fight terrorism, says FM    Gold prices in Egypt edge higher on Wednesday, 12 Nov., 2025    Egypt's TMG 9-month profit jumps 70% on record SouthMed sales    Egypt adds trachoma elimination to health success track record: WHO    Egypt, Latvia sign healthcare MoU during PHDC'25    Egypt joins Advanced Breast Cancer Global Alliance as health expert wins seat    Egypt's Suez Canal Authority, Sudan's Sea Ports Corp. in development talks    Egyptian pound gains slightly against dollar in early Wednesday trade    Egypt, India explore cooperation in high-tech pharmaceutical manufacturing, health investments    Egypt, Sudan, UN convene to ramp up humanitarian aid in Sudan    Egypt releases 2023 State of Environment Report    Egyptians vote in 1st stage of lower house of parliament elections    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Sisi meets Russian security chief to discuss Gaza ceasefire, trade, nuclear projects    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    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.



55% - 60% of technology parks' construction concluded in Borg El-Arab, Assiut
Construction of Knowledge City in the New Administrative Capital finalised end of 2016
Mohamed Alaa El Din Published in Daily News Egypt on 27 - 06 - 2016

About 55% – 60% of the technology parks' construction in Borg El-Arab and Assiut has been completed, said an official in the Ministry of Communications and Information Technology.
According to the source, the construction works of the two areas will be completed at the end of this year. He added that the implementation of the first phase of both parks are worth about EGP 450m, while the first phase of the technology parks in 10th of Ramadan City and Beni Suef cost EGP 250m, totalling EGP 700m.
The official pointed out that different companies had already sent requests to reserve about 50% of the space at the technology parks in Borg El-Arab and Assiut. Wady ElNil for General Contracting is carrying out the construction works of the first phase in Borg Al-Arab and Assiut, aiming to establish 22 buildings before the end of 2016.
With a capital of EGP 1bn, the ministry had launched a new company called Silicon Waha for the establishment and operation of technology parks in May. Silicon Waha is an Egyptian joint stock company, established in accordance with Law No. 159 of 1981 and its implementing regulations, based on a partnership between the Information Technology Industry Development Agency (ITIDA) and the New Urban Communities Authority, affiliated with the Ministry of Housing. The company is responsible for planning, designing and implementing the buildings and technology parks specialised in telecommunications and information technology. It also provides logistics services and the required infrastructure of the technology projects.
The company's board of directors consists of representatives from the Ministry of Communications and Information Technology, ITIDA, and the New Urban Communities Authority. It aims to establish six technology parks in Borg El-Arab, Sadat City, 10th of Ramadan City, New Beni Suef, New Assiut, and New Aswan.
On the other hand, the source said that the construction works of Knowledge City in the New Administrative Capital will be completed at the end of the year. The new city will be built on an area of 300 acres, and will include research, innovation, and entrepreneurship centres. It will be managed by Silicon Waha.

Clic here to read the story from its source.