24.07.2014
At MS Africa & Middle East you'll have the chance to meet several important general contractors such as Orascom, Hassan Allam Sons, Ginza Construction, CCC (Consolidated Contractors Company), ACC (Arabian Construction Company), Gama, ECG (Engineering Consultants Group), Sabour, Moharam Bakhom, Dar Group (Dar Al-Handasah), EHAF Consulting Engineers, SIAC and international renowned companies such as Antolini, Breton, Cifa, ...
36 billion EGP (approximately EUR 3.7 billion) for 3,600 km of new roads: this important investment has been recently announced by the Egyptian Minister Hany Dahy.
In addition to the maintenance and modernization plans on the Cairo-Alexandria road (the completion is expected for next January), there are several projects for new roads and bridges, especially in Upper Egypt.
The general Saad al-Geuoshy, head of the Road and Bridges Authority, ensure that the new infrastructures will be constructed according to the newest technology systems and the international specifications. The Ministry is coordinating with the Arab Organization for Industrialization to light the roads with solar energy.
(Source: The Cairo Post)
Italian Ambassador to Egypt Maurizio Massari recently met with Egyptian Minister of Investment Salman Ashraf to discuss plans for cooperation between Italy and Egypt in various sectors, from energy to agriculture.
Italy is interested in investing in the North African country and the collaboration between the two countries is growing.
The existence of strong relations between the two countries and the two peoples has been confirmed by the visit in Egypt of the Italian Foreign Minister, Ms. Federica Mogherini: "an important visit at an important time - said Mr. Badr Abdelati, the spokesman of the Egyptian Foreign Ministry -: Italy is our first trade partner among the European countries and we have strong political relations. The consultations between Mogherini and the Egyptian politicians have focused not only on the political situation in Africa and the Middle East but also on the development of bilateral relations in the next future".
(Sources: The Cairo Post and Adnkronos)
As announced by the Egyptian Minister of Industry, Mounir Fakhry Abdel Nour, the World Bank has approved giving Egypt a 300 million dollar loan to fund small projects.
"It's a good sign that shows how Egypt is regaining the trust of foreign organizations - said Abdel Nour". A positive trend confirmed by the investment plans of industry giants such as Vodafone, which will invest in Egypt EGP 9.5 billion in the next three years, or Nestle, which has recently opened its first confectionary plant in the country.
(Sources: The Cairo Post and Daily News Egypt)
MŽ Consulting & Fairs
Poslovne storitve
Matjaž Žigon s.p.
Head Office:
Grčarevec 8
1370 Logatec
Slovenija
Tel.: +386 (0)1 750 94 90
E-mail: info@mz-consulting.org
Turkey Office:
Fenerbahçe Mh. Dalyan Aralığı Sk.
Emek Apt. No:13 D:2 Kadıköy 34726
İstanbul Turčija
Tel.: +90 532 5214849
E-mail: hilal@mz-consulting.org
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