CAIRO - 3 June 2024: During Prime Minister Madbouly's term from June 2018 to June 2024, Egypt witnessed a surge in transformative projects aimed at bolstering infrastructure, healthcare, urban development, investment, transportation, port development, and economic growth. Here's a comprehensive overview of some of the most significant endeavors undertaken:
1. Fourth Generation Smart Cities: Under Madbouly's leadership, Egypt embarked on ambitious plans to develop fourth-generation smart cities, accommodating millions of citizens. The New Administrative Capital, spanning 184 thousand acres, emerged as a focal point with projects like the government district, sports city, international Olympic games city, and cultural landmarks such as the Egypt Islamic Cultural Center and the City of Arts and Culture. Additionally, New Alamein City and New Mansoura City were initiated, with meticulous planning to cater to the needs of future populations.
2. Greatest Transfiguration Project: This groundbreaking initiative encompassed diverse projects across tourism, services, housing, and security, designed to accommodate 12,000 residents on 1,500 acres. Notable highlights included the development of St. Catherine Airport, enhancing its capacity to cater to increased air traffic and tourism. The project's total cost amounted to about LE 9 billion, with an additional LE 2.4 billion allocated for the electrical connection line.
3. Mamsha Ahl Misr: A monumental pedestrian project, stretching along various bridges and landmarks, aimed at enhancing urban connectivity and promoting healthier lifestyles. With meticulous attention to detail, the project witnessed significant progress across its multiple stages, fostering community engagement and leisure activities. The first stage covering 1.8 km was completed and operated by the City Edge Company. The second and third stages, with lengths of 1.3 km and 1.9 km respectively, reached completion rates of about 99% and 98%.
4. Suez Canal Economic Zone Development: Major investments were directed towards developing Sokhna Port and East Port Said Integrated Area, bolstering Egypt's strategic position in global trade and logistics. With a combined investment of LE 89 billion, these initiatives underscored the government's commitment to fostering economic growth and job creation. The Sokhna Port development project alone cost LE 60 billion, while the East Port Said Integrated Area Development Project amounted to LE 29 billion.
5. Healthcare Infrastructure: Under Madbouly's term, Egypt saw unprecedented advancements in healthcare infrastructure, implementing 35 new hospitals and establishing medical complexes and centers nationwide. Noteworthy projects included the National Complex for Serums and Vaccines and plasma derivatives facilities, signifying a significant leap towards ensuring quality healthcare for all citizens. These initiatives, along with others, had a cumulative cost of LE 22.258 billion.
Another landmark initiative is the comprehensive health insurance system aimed at providing universal healthcare coverage, commenced its rollout in several governorates. With significant investments and meticulous planning, millions of citizens were enrolled, marking a crucial step towards equitable access to healthcare services. The first phase of the system, covering six governorates, involved investments totaling LE 51.2 billion and included 53 hospitals, 309 units, and family medicine centers.
6. Youth and Sports Development: Egypt is investing heavily in state-of-the-art facilities to nurture talent and promote healthy lifestyles. The Sports city in the Administrative Capital, with its diverse amenities including football fields, tennis courts, and swimming pools, reflects Egypt's dedication to fostering a vibrant sports culture.
7. Transportation: Egypt's National Roads Project signifies a significant leap forward in enhancing connectivity and facilitating economic growth. With new construction spanning 4000 km and an investment of LE 200 billion, this project aims to bolster the country's road network, thereby improving access to remote areas and boosting trade and commerce.
8. Ports Development: Tahya Misr Multi-purpose Station 62/55 in Alexandria Governorate stands as a testament to Egypt's commitment to port development. With a substantial investment of LE 7 billion, this project has been completed, boasting impressive features such as berths spanning 2.5 km with depths ranging from 14.5 to 17.5 meters. Similarly, the ongoing Safaga 2 Multi-purpose Station in the Red Sea Governorate, with a budget of LE 2.6 billion, seeks to elevate global trading capacities. Its strategic location and state-of-the-art infrastructure, including berth lengths of 1,100 meters and a depth of 17 meters, are poised to facilitate the circulation of millions of containers and tons of general goods annually. These endeavors signify Egypt's proactive approach to modernizing its port facilities, thereby enhancing its competitiveness in the global market and fostering sustainable economic development.
9. Civil Aviation: The establishment and development of 20 airports across strategic locations, including the Administrative Capital, Sphinx, Burj Al Arab, St. Catherine, and Sharm El Sheikh, represent a pivotal step in bolstering air transportation infrastructure. With a massive investment of LE 50 billion, these projects involve both the construction of new airports and the enhancement of existing ones.
10. Investment Zone Initiatives: The creation of investment zones in Benha, Mit Ghamr, and Al Saff, with investments totaling billions of LE, aims to foster economic growth and attract domestic and foreign investment. These zones encompass industrial units, commercial areas, administrative services, and public facilities, offering a conducive environment for business development. Additionally, establishing service centers for investors in several governorates and developing public free zones in key locations underscores Egypt's commitment to creating conducive environments for investment and economic diversification.
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