Back to the complete issue
Wednesday, 26 July 2017

President El Sisi issues directives to spur development of Western regions

President Abdel Fattah El Sisi handed down policy decisions designed to spur investment in the Western Desert and West Delta regions and away from the over-populated Nile basin, Al Ahram reports. El Sisi directed that the cabinet complete plans to redraw the borders of governorates and have the new map ready for the upcoming session of the House of Representatives, which will begin in September. He also ordered that the government complete a roadmap to develop Egypt’s western regions which will include new urban communities, investment zones, and logistics centers. Other key decisions, which came yesterday at the closing ceremony of the Alexandria youth conference, included:

  • Establishing an agricultural commodities exchange in Beheira Governorate in one year;
  • Setting a deadline of two years to complete the industrial zones of Beheira;
  • Ordering the formation of a ministerial committee to complete a strategy to develop the desert regions of Gharbiya Governorate;
  • Tendering projects in the 10,000 feddans investment zone in Kafr El Sheikh before the end of the year;
  • Ordering a number of development projects for Alexandria, including increasing the city’s built up area by 18,000 feddans and upgrading road and tram networks.

El Sisi also called yesterday on the media to launch a week-long public education campaign focusing on the government’s economic reform program, Al Masry Al Youm reports.

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; Etisalat Misr (tax ID: 235-071-579), the leading telecoms provider in Egypt; and Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt.