Back to the complete issue
Sunday, 26 February 2017

Nuclear waste and risks associated with the Daba’a nuclear power plant dominate public consultations in Matrouh

Concerns about nuclear waste from the Daba’a power plant dominated debate at the state-sponsored public consultations held in Marsa Matrouh on Saturday, according to Al Mal. Electricity Minister Mohamed Shaker reassured citizens that the 4800 MW nuclear power plant being developed in partnership with Russia’s Rosatom will use the latest technology and safety precautions and that nuclear waste will be disposed of in accordance with international benchmarks, the newspaper adds. According to Shaker, the plant will be able to withstand the impact with a 400 tonne plane falling at a speed of 150 meters per second.

The project’s location was not a random choice, but a calculated decision based on dozens of tests and studies that determined the stability of the earth in the area, Environmental Affairs Agency chief Mona Kamal said.

Shaker told attendees that two of the four contracts for the plant have been finalized and two others should be reviewed over the next few weeks, but refused to give any specific deadline, Al Mal says. The contracts are expected to be signed in March, previous reports suggested. The Electricity Minister said that he intends to hold more meetings with community leaders at which he would delve deeper into the terms of the government’s contract with Rosatom. Shaker said the project will not only diversify Egypt’s energy sources, but provide “tens of thousands” of job opportunities for the locals over eight years of construction

Russia’s Deputy Prime Minister Dmitry Rogozin will reportedly be in Cairo this week with a delegation from the Russian Energy Ministry, sources tell Al Ahram. The Russian ministers of foreign affairs and defense will also visit Egypt early in March for cooperation talks.

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.