Back to the complete issue
Thursday, 21 April 2016

North Sinai to launch 54 new development projects

The North Sinai Governorate plans to launch 54 development and services projects worth EGP 1.3 bn, announced North Sinai Governor Abdel Fattah Harhoor. Some 43 projects have been completed at a cost of EGP 591 mn, which will be inaugurated on 25 April — Sinai Liberation Day. The governorate plans to launch seven projects in June, and four projects are slated to be completed next year, Al Masry Al Youm reports. These projects include 11 medical centers, a hospital, six new schools and a number of housing projects. The Housing Ministry had announced on Saturday plans to launch projects in North and South Sinai this month worth EGP 312.5 mn, said head of the Central Agency for Reconstruction Mohammed Nasser. The projects are also set to be announced on 25 April.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.