🇪🇬EgyptNorth Africa
Egyptian Prime Minister highlights North Sinai as a promising investment destination
via Egypt Today3 min read
Egyptian Prime Minister Mostafa Madbouly has identified North Sinai as a promising investment destination, a statement made during his visit to several development and service projects in the governorate. He was accompanied by Lieutenant General Kamel El-Wazir, Minister of Transport; Dr. Manal Awad, Minister of Local Development and Environment; Eng. Randa El-Menshawy, Minister of Housing, Utilities, and Urban Communities; Major General Dr. Khaled Maghawer, Governor of North Sinai; Walid Gamal El-Din, Chairman of the General Authority for the Suez Canal Economic Zone; and Dr. Amr Kandil, Deputy Minister of Health and Population. The Prime Minister stated that the state aims to transform North Sinai into a major hub for urban, industrial, commercial, agricultural, and tourism activities, emphasizing the government's commitment to providing investment incentives and supporting residents. He noted that his visit, coinciding with Sinai Liberation Day, is to monitor and expedite key development and service projects, including healthcare facilities, water plants, industrial initiatives, and infrastructure upgrades like El-Arish Airport and the city’s seaport. These efforts are part of a comprehensive strategic plan for integrated development in North Sinai, launched by President Abdel Fattah El-Sisi. Egypt has also begun implementing a logistics zone in El-Arish, covering approximately 603 acres, and is developing El-Arish Port to become a regional transportation and logistics hub
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This summary was AI-generated from a story originally published by Egypt Today.
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