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Egypt

Under Sisi.. Egypt’s Major National Projects have flourished

Monday 16/July/2018 - 10:55 AM
Sada El Balad
Sada ElBalad: Basant Ahmed
Since president Sisi took office On June 8، 2014، and became the President of Egypt، he spared no effort to implement huge projects and major achievements.
President Sisi sought to implement national projects to limit the unemployment rate and provide job opportunities for young people and improve the economic conditions of the Egyptian people.

Suez Canal Axis Development Project
Suez Canal Axis Development Project is a mega project in Egypt that was inaugurated by president Abdel Fattah el-Sisi. The project's aim is to increase the role of the Suez Canal region in international trading and to develop the three canal cities: Suez، Ismailia، and Port Said.

The project included building a new city (new Ismailia city)، an industrial zone، fish farms، completing the technology valley، building seven new tunnels between Sinai and Ismailia and Port Said، improving five existing ports، and digging a new canal parallel to the Suez Canal. The new canal has increased the canal capacity by allowing ships to sail in both directions at the same time for a greater proportion of the canal. The project transformed the canal cities into an important trading center globally. It also built new centers on the Suez Canal for logistic and ship services.
The project's authority said that the revenues of the canal will increase from 5 billion dollars to 12.5 billion dollars yearly. The new Suez Canal and the seven tunnels were under construction simultaneously. The Egyptian Armed Forces participated in the project by helping in designing and digging the canal and the tunnels. It also protects the project's location from terrorists in Sinai.

The new Suez Canal
The New Suez Canal، inaugurated on August 6، 2015 by president Abdel Fattah el-Sisi. is considered a value added to the national economy، represented in the growth of the national income due to the increase of the Suez Canal’s revenues، establishing industrial and economic entities، establishing and developing a number of ports، encouraging all other factors of production.
The project adds a new 35-kilometre-long (22 mi) second shipping lane. The enlarged capacity allows ships to sail in both directions at the same time. Beforehand، much of the canal was only one shipping lane wide، with limited wider basins for passing. This is expected to decrease waiting time from 11 hours to 3 hours for most ships and increase number of crossing ships.


The new administrative capital 
The new administrative capital is one of several mega-projects launched by Abdel Fattah Al-Sisi since he became president in 2014 in an effort to reboot the economy and leave his mark on the most-populous Arab nation.
Some 50 km east of the capital Cairo، The new capital is supposed to be one of the solutions to the chronic congestion of Cairo with a demographic burden of more than 20 million inhabitants.
The project is intended to offer thousands of jobs and stimulate the sluggish economy، while Egypt's government institutions are scheduled to move to the new capital within the second half of 2019.
The plan shows an expanse of high-rises and residential buildings. Foreign embassies are also encouraged to relocate، and businesses will be lured to a central business district of 20 Chinese-built skyscrapers.

“One million new homes” projects 
president Sisi didn’t give up the poorer people but he was always keen improve their living as The housing ministry announced، under the directives of president Sisi، that it started to build 1 million homes for low-income families at a cost of almost $20 billion، to ease a crunch that has seen slums and unlicensed buildings spread since 2011.

El Dabaa Nuclear Power Plant
El Dabaa Nuclear Power Plant is the first nuclear power plant planned for Egypt and will be located at El Dabaa، Matrouh Governorate، Egypt، which is about 130 Kilometers northwest of Cairo. The plant will have four VVER-1200 reactors، making Egypt the only country in the region to have a Generation III+ reactor.
On November 19، 2015 Egypt and Russia signed an initial agreement، under which Russia will build and finance Egypt’s first nuclear power plant. In November 2017 preliminary contracts for the construction of four VVER-1200 units were signed in the presence of President Abdel Fattah el-Sisi and Russian President Vladimir Putin

1.5 million acre reclamation project
On 30 December، 2015 President Abd Al Fattah Al Sisi launched the first phase of the national project for the reclamation of 1،5 million acres. This project is one of the great national projects that are adopted by the government. 
The project aims to increase agricultural land in Egypt to prevent overcrowding، provide safe and stable jobs and encourage investment opportunities and development opportunities in the new governorates. The first phase was completed in Farafra area in the new valley in record time.

National Roads Project
The National Roads Project is a large Egyptian infrastructure project initiated by President Abdel Fattah el-Sisi in August 2014. The project includes the construction of 39 new roadways with a total length of 4،400 km. The new road network will account for around 10% of the total length of all roads in Egypt. The project is expected to be completed within 2 years and cost 36 billion EGP.

Among the planned roads are the Ismailia-Banha (33 km)، the Sohag-Red Sea Road (180 km) and the Wadi al-Natrun-Alamein (134 km).

Egyptian Knowledge Bank

The website of the Knowledge Bank project was launched to serve 90 million Egyptians. it will be the starting point for reforming education in Egypt. this scientific package will be exploited in the development of education.


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