Egypt expresses condolences to Iraq over fire tragedy    Egypt, Oman discuss environmental cooperation    Sukari Gold Mine showcases successful public–private partnership: Minister of Petroleum    Egypt's Environment Minister attends AMCEN conference in Nairobi    At London 'Egypt Day', Finance Minister outlines pro-investment policies    Egypt's FRA chief vows to reform business environment to boost investor confidence    Egyptian, Belarusian officials discuss drug registration, market access    Syria says it will defend its territory after Israeli strikes in Suwayda    Pakistan names Qatari royal as brand ambassador after 'Killer Mountain' climb    Health Ministry denies claims of meningitis-related deaths among siblings    EU–US trade talks enter 'decisive phase', German politician says    Sri Lanka's expat remittances up in June '25    Egypt's gold prices grow on July 13th    CBE's Abdalla attends Arab central bank governors' meeting ahead of Sept summit    Egypt's Health Min. discusses drug localisation with Sandoz    Needle-spiking attacks in France prompt government warning, public fear    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    Greco-Roman tombs with hieroglyphic inscriptions discovered in Aswan    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's GAH, Spain's Konecta discuss digital health partnership    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    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    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.



Al-Sisi inaugurates 11 new roads in Upper Egypt with EGP 18bn investments
'We need to support private sector,' says Egyptian President
Published in Daily News Egypt on 25 - 12 - 2021

Egypt's President Abdel Fattah Al-Sisi said on Saturday a large number of projects have been implemented by the state in Upper Egypt across different sectors, with a total cost of EGP 6.2trn.
This came during the opening of several road and transport projects in Upper Egypt, via video conference.
The projects also included the development and expansion of the first phase of the Western Upper Egypt Desert Road between Cairo and Minya with a length of 230 km, in addition to the duplication of the Safaga/Qusair/Marsa Alam road with a length of 200 km, and 3 sledge bridges: the Balina Bridge in Sohag with a length of 1834 meters and the Directorate Bridge in Beni Suef with a length of 540 meters The Gerga Bridge in Sohag is 1,300 meters long, and the bridge above the Toshka spillway in Aswan is 450 meters long.
He explained that there are more projects that will be implemented in the various governorates of the Republic and that Egypt is moving strongly in the field of development and we need to support the private sector and companies.
This comes within the framework of the state's efforts to achieve an integrated development and service renaissance for the people of Upper Egypt, and to provide direct and indirect job opportunities, as the openings include a number of industrial complexes, axes and roads. Especially the transverse axes on the Nile.
Al-Sisi listened to a detailed explanation from Minister of Transport Kamel El-Wazir,on developing roads and restoring the efficiency of roads in Upper Egypt. He said that projects inaugurated on Saturday amounted to 11 projects, at a cost of about EGP 18.155 bn and reviewed five new axes including "Adly Mansour" in Beni Suef, "Samalut" in Minya, "Dairout" in Assiut, "Qus" in Qena, and "Kalabsha" in Aswan. with a total length of 88 kilometers at a cost of EGP 7.6 bn.on the Nile River and a number of main roads and bridges aimed at achieving comprehensive development in Upper Egypt.
During the inauguration, President Al-Sisi offered the three owners of the three companies Said Allam, Hani Tadros, and the General Nile Company for Roads and Bridges, headed by Al-Wazir, to receive 25% of the value of the project and finish it within a year, and they all agreed.
After obtaining their approval, the president commented: "Those who work with the state are courageous people" and continued questioning listeners "Do you know what it means to take 25% of the value of a project that costs more than EGP 2bn?!"
He warned against trespassing by building on both sides of the new axes that are being created and directed to prevent construction on both sides of the axes, at a depth of one kilometer, but he stressed that the existing buildings would not be removed.
He also assigned the government to take the necessary measures to prevent construction on the areas, and assigned the armed forces and the Ministry of Interior to follow up on this.
Moreover, the president spoke about the importance of spreading services in an integrated manner on new roads and axes.
The president added that the presence achieves control over security on the roads, calling for the provision of integrated services, whether by the government or private companies.
Al-Sisi further called on companies working in construction projects to "diversify their portfolio" in industries based on the same file.


Clic here to read the story from its source.