CAIRO: The project to deliver facilities for the industrial zone in Abu Rawash will provide job opportunities and increase rates of industrial growth, Ahmed Shebl, former member of the Building Material Chamber at the Federation of Egyptian industries, told The Cairo Post Sunday.
He said the provision of good quality infrastructure services was an essential condition for economic and social development, adding that Egypt’s government was now paying more attention to building the infrastructure of industrial zones in Egypt.
Giza Governor Aly Abdel Rahman had agreed to start implementing procedures needed to deliver facilities for the industrial zone in Abu Rawash, at a cost of 290 million EGP ($41 million), during a Thursday meeting with the Board of Directors of Giza’s Industrial and Investment Zone, Youm7 reported Friday.
Abu Rawash zone includes more than 800 industrial projects with investments totaling 10 billion EGP and was established by a presidential decree in 1992, covering 1,340 acres.
The project comes within the framework of a cooperation protocol signed by both the Giza Governorate and the Industrial Development Authority to deliver facilities for the industrial zone, according to Rahman.
“The project will attract much needed investment to the region which is characterized by its unique location,” Youm7 reported Rahman as saying.
Rahman added that the implementation of the project consists of three phases, the first will cost 124 million EGP, the second will cost 57 million EGP, and the third phase will cost 108 million EGP. He also said networks and treatment plants would be built to dispose of drainage in the region.
According to Youm7, during the meeting Ibrahim Farag, the Ministry of Housing’s undersecretary, said all necessary measures to implement the project as soon as possible would be taken.
In December 2013, Minister of Foreign Trade and Industry Mounir Fakhry Abdel Nour had announced that 1.5 billion EGP would be allocated towards the development of infrastructure in 32 industrial zones across 22 different Egyptian governorates.
Additional reporting by Inas al-Banna.