Sahr Nasr Mamish Discuss Pumping Investments in Suez Canal Axis Development ProjectSource: www.export-egypt.com 4/18/2017, Location: Africa |
|
|
|
Investment and International Cooperation Minister Sahr Nasr had a meeting with Head of the Suez Canal Authority (SCA) Mohab Mamish on pumping new investments in the Suez Canal Axis Development Project in line with President Abdel Fattah El Sisi's directives.
During the meeting, Nasr said the Investment Ministry is taking a number of measures and steps to beef up investments in the Suez Canal region within the framework of the ministry's overall investment map. Developing ports and improving services in the Suez Canal Axis Development region is necessary to lure more investments in this region, she added. Mamish, for his part, posted Nasr on a plan to develop the six existing harbors; West Port Said, East Port Said, Ain Sokhna, El Arish, El Tor and Adabiya, in the Suez Canal zone and the application of the electronic system in these ports. The two sides also agreed on removing obstacles to a project to construct Egypt’s first private bulk liquids terminal at Ain Sokhna port on the Red Sea for the import and storage of oil, butane gas and LNG to Egypt. The project is carried out by the Suez Canal Authority, the Dubai-based DP World and Sonker Bunkering Company. |
|
Financials and Investment News in Egypt >> |
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
Egypt Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | |