 | The Cabinet's Economic Committee, under Prime Minister Sherif Ismail, agreed on Monday 23/11/2015 to provide required funds to complete expansion works and increase production capacity of a seawater desalination plant in Hurghada.
As many as EGP 265 million will be provided for the project, including EGP 100 million in 2015 and EGP 165 million that will be offered till the completion of the project.
Also, the committee identified the General Authority for Investment to be entrusted with setting up companies and establishments.
The committee called on the Ministry of Investment to enable the one-stop-window in all governorates to attract more investments and speed up the development process nationwide.
It also agreed, upon a request by the Housing Minister, to add 8,625 feddans to fall within the area of 6th of October City.
MENA | | |