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Minister of Planning: Monorail, water treatment projects in Egypt to receive USD 500 mn in green bond funding

Dr. Hala Al-Saeed, Minister of Planning and Economic Development, said that the "Development Initiative" was launched last September in coordination and fruitful cooperation with the Ministry of State for Information and a number of other ministries, pointing out that the preparation for launching a specialized training program for media cadres and bodies in coordination with the United Nations Development Program. This was during the speech of Dr. Hala Al-Saeed at the ceremony of handing over the prizes of the "Development Initiative" competition at the headquarters of the Ministry of State for Information, delivered on her behalf by Dr. Mona Essam, Head of the Sustainable Development Unit at the Ministry of Planning and Economic Development. The celebration was attended by Mr. Osama Heikal, Minister of State for Information, Dr. Yasmine Fouad, Minister of Environment, Dr. Ashraf Sobhi, Minister of Youth and Sports, and Mr. Mohamed Al-Atribi, COB of Banque Misr. Al-Saeed pointed out that the importance of the "development initiative" lies in raising awareness of what sustainable development means to the Egyptian citizen and how it affects the style and quality of his life and be effective in implementing its programs, placing strong emphasis on creating a societal dialogue about sustainable development and Egypt's vision 2030, and how to involve society as a whole in achieving them, through educating and training the Egyptian media on the im...

2020-11-19 19:23:12

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HEAL International is studying opportunities to participate in the Transport projects

The Ministry of Transport has offered a package of various investment opportunities, which include 33 giant projects, to the Egyptian-American Chamber of Businessmen, and the Ministry has shown its readiness to receive investor studies and its keenness to support serious partnerships between specialized international companies and local entities.   Minister of Transport said that the ministry’s strategy focuses on supporting formation of serious partnerships with specialized global entities, international financing institutions and the private sector to support the implementation of its ambitious plan to complete sustainable development and restructure and develop the transport sector in full, adding that the ministry’s plan includes 33 future projects ready for offering, and these projects include huge opportunities in the fields of developing railways and tunnels, developing sea ports, land and dry ports.   On his part, Engineer Walid Abdel Fattah, Regional Director of HEAL International, said that the company supports Ministry of Transport’s plan and its ambitious strategy for diversified development and investment in various fields of transportation, which holds promising opportunities for various local companies and global entities, adding that the company seeks to take advantage of the unprecedented development opportunities in various transport sectors, which are led by electrified railway traction projects, projects to extend ne...

2020-12-17 13:45:04

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The October 6th Monorail project photo, is nominated to be the cover photo for Engineering News-Record (ENR), the global magazine for the best construction photos of 2020

Ayman Nazeer, Director of the Photography Unit at the Public Relations and Media Department at the Arab Contractors Company, said that a picture of the October 6th Monorail project, won the award of the American ENR magazine, which is specialized in engineering construction, because the specifications required by it has provided safety and quality conditions, especially since this magazine is interested in mega projects. Monorail is considered one of the giant projects that are being implemented in Egypt. Ayman Nazeer added that the photo was captured spontaneously, and the atmosphere was very hot, commenting: "The worker was working on the steel cage, and they were in a hurry to put it in place to pour a meter in diameter." He explained that the race witnessed a competition between 900 photos, of which 5 won, which competed with each other to be the cover of the magazine, explaining that it is an American magazine that cares about safety conditions, health and patriotism, and highlights the most important mega projects that took place through the past year. And he added: "Our company works with national projects in Egypt, and we have achieved very impressive results. Our projects are many and large, and it is an honor for me that we win this award, and it did not occur to me to win this award because I do not participate in competitions."

2021-01-09 19:22:05

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