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Old February 19th, 2012, 02:13 AM   #341
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New Pediatric Oncology Hospital, for cancer treatment for children:

http://www.ecgsa.com/newpediatriconc...ospitalpackage

Location Egypt but city is unknown. My guess is Cairo. Really nice project!
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Old February 19th, 2012, 07:57 AM   #342
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This hospital is the 57357 Cancer Hospital in Cairo, it's been around for years

Very famous one too.
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Old February 19th, 2012, 03:53 PM   #343
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Ah ok good to hear. Thanks for the info!
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Old February 20th, 2012, 08:22 PM   #344
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Ganzouri opens third metro line on Tuesday

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Egyptian Prime Minister Kamal al-Ganzouri will open the first phase of the third metro line on Tuesday. The line extends from Abbasseya to Attaba, at a construction cost of LE4.2 billion, and includes five stations.

All stages of the metro line have been completed, including trial operations of the metro trains in preparation for the opening ceremony. Between 250,000 to 300,000 passengers are expected to be transported daily through this line.

Transport Minister Galal al-Sayed reviewed the opening ceremony arrangements. The ceremony will begin at the Abbasseya Metro Station, after which he will board a train to the Attaba Metro Station, passing through the Abbasseya, Bab Shaaria, Abdu Pasha, Armed Forces Street and Attaba metro stations.

Sayed explained that 60 percent of the second phase of the third metro line had been completed. The second phase extends over an area of seven kilometers from Abbasseya to Ahram Square in Heliopolis, and is expected to transport over 600,000 passengers a day after completion.

Sayed said he expected the third line to be completed within four to five years, and that it will run its course from Abbasseya to Kit Kat, passing through Zamalek, Abbasseya, Attaba and Haram. The line will transport 1.5 to 2 million passengers per day, which will help reduce traffic on Cairo’s streets.
http://www.egyptindependent.com/node/671261
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Old January 7th, 2013, 07:22 PM   #345
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الحكومة تطرح «حاويات بورسعيد الثانية» للمستثمرين خلال أيام بـ5.6 مليار جنيه



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أكد الدكتور وليد عبدالغفار، مستشار وزير الإسكان لمشروع تنمية إقليم قناة السويس، أن طرح محطة الحاويات الثانية بميناء شرق بورسعيد أمام المستثمرين، وتوقيع عقد محطة الصب السائل بالميناء، خلال الأسبوع المقبل، باستثمارات تصل إلى 5.6 مليار جنيه، من شأنهما زيادة دخل قناة السويس، وإنعاش الاقتصاد المصرى فى فترة وجيزة، مشيراً إلى أن الموافقة على دخول شريك أجبنى مع الشركات الوطنية فى المحطة الأولى، بنسبة لا تزيد على 25% تهدف إلى رفع مستوى الشركات المصرية، مع ضمان وجود خطوط للعمل فى الميناء، حتى مع وقت الأزمات العالمية.

وقال عبدالغفار لـ«المصرى اليوم» إنه سيتم طرح محطة الحاويات الثانية بميناء شرق بورسعيد، بداية الأسبوع المقبل، للشركات الوطنية، وتمت الموافقة على دخول شريك أجنبى ولكن بنسبة لا تزيد على 25%، بحيث تكون الملكية الأصلية وحق الإدارة للشركة الوطنية، موضحاً أن الهدف من وجود شريك أجنبى، يأتى لضمان وجود خطوط نقل عالمية فى المحطة، حتى مع الأزمات العالمية، مع المساعدة فى التسويق العالمى، فضلاً عن رفع مستوى الشركات الوطنية، بما يخلق منافسة حقيقية.

وأضاف: «سيكون من حق الشركات الوطنية اختيار الشريك الأجنبى، وطرح هذه المحطة يعد الخطوة الأولى فى مشروع تنمية إقليم قناة السويس، بحيث تقوم الشركات الوطنية بتحريك المنظومة لحين الانتهاء من المشروع خلال 3 سنوات من الآن، على أن يتم طرح المنطقة الصناعية فورا فى المنطقة خلال 3 شهور من الآن، وبعدها المدينة السكنية».

وأشار إلى أنه سيتم توقيع عقد إنشاء محطة الصب السائل بالميناء مع شركة المشرق – إحدى شركات القلعة – مع وزارة النقل، بالحروف الأولى بداية الأسبوع المقبل، أيضاً، وسيتم عرض العقد على مجلس الوزراء عقب التوقيع مباشرة، ليتم البدء فى المشروع خلال 3 شهور عقب التوقيع، لافتاً إلى أن المشروعين سيوفران 1900 فرصة عمل مباشرة، و1100 فرصة أخرى غير مباشرة. ولفت إلى أنه سيتم طرح مشروع محطة الحاويات الثانية فى ميناء العين السخنة، خلال شهر مارس المقبل، وسيتم طرحها عالمياً.

يذكر أن مهاتير محمد، رئيس وزراء ماليزيا الأسبق، الخبير الاقتصادى العالمى، وجه رسالة للشعب المصرى، الأربعاء عبر صفحته بـ«فيس بوك»، قال فيها: «اعلموا أن مشروع ممر قناة السويس هو مشروع القرن الـ21 لمصر اقتصادياً، ولن يستفيد منه المصريون فقط، بل العالم أجمع سيستفيد منه، أنتم أمام مشروع ضخم يوازى حفر قناة السويس من جديد، أنتم مقبلون على ثورة اقتصادية حقيقية وعلى الجميع التكاتف من أجل نجاح ثورتكم».
http://www.almasryalyoum.com/node/1357611
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Old March 12th, 2014, 07:50 AM   #346
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Arabtec has signed a memorandum of understanding (MoU) with the Ministry of Defence and Military Production of Egypt, to develop and build one million units of middle-income housing in several locations across the country.

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Old March 12th, 2014, 12:07 PM   #347
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Probably another satellite city connected with ring roads...
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Old March 12th, 2014, 11:47 PM   #348
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No satellite cities, these constructions will be spread out over 13 different sites in several governorates with heavy emphasis on Cairo and Alexandria to eliminate the problem of informal housing in urban clusters.
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Old March 16th, 2014, 09:39 PM   #349
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Demolition of illegal buildings in Cairo:






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Old April 8th, 2014, 11:15 PM   #350
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Egypt considers establishing first integrated commercial city

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The Ministry of Supply is working with real estate developers to explore the possibility of establishing the country’s first integrated commercial city,, hoping to boost shopping tourism and generate jobs, Minister of Supply and Domestic Trade Khaled Hanafy said on Monday.
The city would host shops, offices and other commercial activities, Hanafy said during the real estate summit Cityscape Egypt, which was launched to discuss investment opportunities in the sector.
“This could be a national project for the country, however, it is still an idea,” Hanafy said.
During the conference, Hanafy also discussed Egypt’s position as a foreign trade hub. There are several problems in the infrastructure sector halting the country from using its geographical location to be a trading centre, he said, adding that 70% of Egypt’s land is unused.
With the aim of easing the trade process, Hanafy said his ministry is planning to launch a “trade intelligence system” that will include information about trade structure, opportunities and regulations.
The Ministry of Supply is also studying regulations that cripple investors in the foreign and internal trade sectors, Hanafy said.
As a part of the national programme to develop Egypt’s trade, the Internal Trade Development Authority signed an agreement with Gharbeya Governorate in January to establish Egypt’s first logistics and trade complex.
The national programme will establish logistic centres in the country’s 27 governorates, which will provide high quality products with reduced prices, to attract local and foreign investments, the Federation of Egyptian Chambers of Commerce said.
Egypt’s trade deficit in the first half of 2013/2014 registered $15.4bn, sliding 16.7% from $18.5bn during the same period in the previous fiscal year, according to the Central Bank of Egypt.
Merchandise exports surged from $11.7bn to $12.6bn, marking a 7.5% increase, while merchandise imports dropped from $30.2bn to $28bn, highlighting the improvement in the trade deficit.
Related posts:
- See more at: http://www.dailynewsegypt.com/2014/0....mNKr4lUF.dpuf
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Old January 16th, 2015, 08:43 PM   #351
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Expert to help Egypt develop shantytowns
Fri, 16/01/2015 - 17:25

Prime Minister Ibrahim Mehleb met with Hernando de Soto, an economist specialized in development and informal economies. De Soto presented economic reform projects he has implemented in several countries, such as integrating informal and formal economies to benefit from both, taking into account different cultures and social conditions.

He also presented a pioneer project to develop shantytowns in Peru in coordination with the residents and the state agencies within a legal framework that restores confidence in the measures taken by the state.

Mehleb asked the Minister of Urban Development and the Governor of Cairo to meet with de Soto and chose a shantytown to start the project there in collaboration with civil society organizations.

Source: http://www.egyptindependent.com//new...op-shantytowns
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Old January 16th, 2015, 08:56 PM   #352
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Do you follow Egypt independent? You might find my comment on their article shared on facebook few minutes ago
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Old January 16th, 2015, 09:03 PM   #353
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No lol, I have bookmarked most Egyptian newspapers in English for easy access and I just accidentally stumbled on this article.
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Old February 25th, 2015, 10:12 PM   #354
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HOTAC develops Shepherd Hotel with EGP 320m via Ain Sokhna project income: Board Chairman


The development will occur using investments of up to EGP 320m, which will
be gained through self-financing, says The Holding Company for Tourism Chairman
The development will occur using investments of up to EGP 320m, which will be gained through self-financing.

The Holding Company for Tourism, Hotels and Cinema (HOTAC) will develop the Shepherd Hotel, according to the Chairman of the Board of Directors, Mervat Hataba.

The development will occur using investments of up to EGP 320m, which will be gained through self-financing.

Hataba said the fund comes from the company’s Ain Sokhna project income, adding that HOTAC decided it will self-fund due to lack of available funds. She assured the hotel will be developed into a 4-star hotel.

HOTAC and hotels are negotiating with Rocco Forte to manage the Shepherd Hotel as per the new development plans, said Hataba. She confirmed that the management contract with Rocco Forte is still valid, while they study maintaining management of the hotel as per the new plan.

Hataba added the company was originally planning to develop the Shepherd into a 5-star hotel, with a cost of EGP 470m. The high costs and lack of foreign funds, however, obligated it to develop the hotel according to 4-stars instead, at a total cost of EGP 320m.

HOTAC gave Rocco Forte until the end of February to study the market, Hataba said.

The chairman believes the company does not have a problem with Rocco Forte regarding the hotel’s management, adding that HOTAC plans to sign contracts with major international hotel management companies to attract them Egypt.

The Shepherd Hotel is owned by the Egyptian General Company for Tourism and Hotels (EGOTH), one of the companies affiliated to HOTAC.

EGOTH plans to develop Shepherd Hotel in Downtown Cairo at the start of 2016, according to EGOTH Chairman, Samir Hassan Suleiman. Suleiman said the company is designing the hotel through a specialised engineering company.

HOTAC sent the projects to the Ministry of Investment to be implemented and to be presented in the March Economic Summit in Sharm El-Sheikh, according to Hataba.

The company sent three project proposals with a total investment cost of EGP 1.5bn, of which EGP 1.2bn will be for entertainment, tourist housing units as well as a shopping mall in Magawish, Hurghada, a light and sound project with total investments at EGP 213m, and housing units in Ibrahimia, Alexandria, with a cost of EGP 180m.

HOTAC, which is affiliated with the Ministry of Investment, owns a number of hotels in several areas in Egypt, including Cairo, Alexandria, Luxor, Aswan, Giza, South Sinai, and Suez.

Source: http://www.dailynewsegypt.com/2015/0...oard-chairman/
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Old March 8th, 2015, 08:17 PM   #355
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Aqarfunder - crowdfunding real estate in Egypt

Source: http://www.cairoscene.com/ViewArticl...state-in-Egypt

Source: http://www.aqarfunder.com/
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Old March 21st, 2015, 07:27 PM   #356
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Saudi developer inks accord with Egypt for $5.7b projects

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CAIRO — Egypt has signed preliminary deals with four Arab real estate developers for four projects worth a total of $12.7 billion, the country's housing minister said on the sidelines of an economic summit on Sunday.

The Arab world's most populous country faces a persistent housing shortage, with population growth outstripping new construction of affordable housing units.

Moustafa Madbouly said that the housing ministry had signed MOUs with Egypt's Mountain View and Saudi Arabia's Sisban Holdings for two real estate projects, with Egypt's second-largest listed developer Palm Hills for a third project, and with a consortium of Arab firms for a fourth.

It was not immediately clear how much of the projects would be for residential or commercial properties.

Mountain View and Sisban will develop 500 acres (202 hectares) in New Cairo at a cost of $3 billion, and 470 acres in 6th of October City at a cost of $2.7 billion, he said.

Final agreements on these projects are expected to be signed within three months, Madbouly said.

He added that Palm Hills signed an MOU to develop 500 acres in New Cairo at a cost of $3 billion.

A consortium of Arab firms will develop a tourist town on 557 acres in 6th of October City on the outskirts of Cairo for $4 billion, the housing minister said.

"6th of October will become the new tourist capital of Greater Cairo," Madbouly said.

Meanwhile, Egypt has recently introduced many reform measures meant to achieve sustainable development in 2030, said Planning Minister Ashraf El Araby.

Taking the stand on the second day of the Egyptian Economic Development Conference (EEDC), Araby said the new Egypt will be one of the top 30 countries in terms of development.

The plan for 2030 has been outlined with the support of youth and development partners, Araby told the conference.

Sustainable development is a means to benefit from human resources, Araby said.

Egypt is taking steps to improve the investment climate and settle pending business disputes as part of its development vision, the minister added.

The government, he said, is working on an ambitious development program.

It is acting to end bureaucracy through a reform program that also aims to boost transparency and counter corruption, Araby said. He touched upon mega labor-intensive projects the government is seeking to implement in the coming stage, noting this will also help create jobs for youth.

The minister cited the new capital, golden triangle and one-million-feddan reclamation projects. — SG/Agencies
http://www.saudigazette.com.sa/index...20150316237029
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Old March 21st, 2015, 08:17 PM   #357
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26 Egyptian, Arab companies start reclamation of 670,000 feddans


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Minister of Agriculture and Land Reclamation Salah El-Din Hilal said that 26 Egyptian and Arab companies will start reclamation of 670,000 feddans within the framework of the one-million feddans project.

The Minister pointed out that this comes after the companies have signed agreements and cooperation protocols with the Ministry of Agriculture during Egypt Economic Development Conference, which was held in Sharm El-Sheikh last week.

Hilal added that the number of Egyptian companies hit 16 taking over 200,000 feddans while the number of Arab and foreign companies reached 10 companies taking over 470,000 feddans.
http://www.sis.gov.eg/En/Templates/A...2#.VQ21OZNwtU9
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Old May 27th, 2015, 10:44 PM   #358
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Egypt universities to help in developing slums: minister

CAIRO: Egyptian universities’ students will participate in the “Egypt Without Slums” workshop which will last for three years to carry out studies on ending the slums phenomenon in Egypt, said urban development minister Laila Iskander.

“The studies and research conducted by students will serve the society’s problems and also tackle urban development and slums issues,” she said in press statements.

Iskandar launched the workshop in coordination with students from the universities of Cairo, Alexandria, Shubra, Port Said, Ain Shams, Al-Azhar, Menoufia, Tanta, Suez Canal, Kafr el-Sheikh, Mansoura and Post Said.

Slums accumulated in Egypt over decades, and because they are illegal, they are deprived of the majority of basic services. The government has announced in the past few months several development projects to modernize these areas.

About 60 percent of Egypt’s residents live in unplanned areas that were established unlawfully, representing 37.5 percent of the country’s total urban areas, Iskandar told Al-Arabiya channel in August 2014.

Egypt needs 813 million EGP ($113.7 million) to develop slums, Iskandar said, adding that her ministry’s budget is around 600 million EGP while there are 1,034 slums in Egypt, 57 of which are in Cairo.

In August 2014, the European Union Delegation in Egypt called for project proposals to improve select informal areas in Greater Cairo, and the EU offered 10 million euro ($13.1 million) to implement them. The informal areas are in Ain Shams, Ezbet el-Nasr, Warraq and Geziret el-Dahab.

Source: http://www.thecairopost.com/news/152...slums-minister
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Old May 28th, 2015, 10:10 PM   #359
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Chinese firm to provide sanitation service for 260 Egyptian villages
The Egyptian Housing Ministry and a leading Chinese corporation signed on Monday a memorandum of understanding (MoU) to provide sanitation for 260 villages in four Egyptian provinces.

Following the MoU signing with China Gezhouba Group Company Limited, Egyptian Housing Minister Mostafa Madbouli said the project, which is worth one billion US dollars, is extremely important for Egypt as it goes in line with the government's priorities and provides direct services for Egyptian citizens.

"This project is so important because it serves a very large number of citizens amounting to millions. There has been negotiation with the Chinese company that the Chinese side will take part in carrying out and financing the project," the Egyptian minister told Xinhua following the MoU signing.

Madbouli clarified that the finance of the project will be provided by the Chinese side through the available finance resources in China according to the agreements between the two countries.

In late December, Egypt and China decided to elevate their bilateral ties to a comprehensive strategic partnership during an official visit by Egyptian President Abdel Fattah al-Sisi to Beijing to boost political, economic, military, cultural and technological cooperation between the two sides.

Luo Fei, general manager of Cairo-based branch of China Gezhouba Group Company Limited who signed the MoU with the Egyptian Housing Ministry, said that the project is part of the comprehensive strategic partnership between China and Egypt stressed by the two heads of state.

"This is a project for rural sanitation and its main purpose is to improve the quality and reduce the pollution of drinking water in the rural areas in Egypt," Fei told Xinhua, adding that the Cairo branch of his company opened in early March, a few months after the Egyptian president's China trip.

He explained that after signing the MoU, his company will need about three months for detailed implementation plans about the project and that the project may be completed within two years.

Source: http://www.globaltimes.cn/content/923591.shtml
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Old May 29th, 2015, 01:34 AM   #360
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We cannot wipe off the Slums but we can develop them until they become formal towns.
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