Gold holds steady as investors eye US data    Oil fluctuates on Monday on OPEC+ decision    Egypt's c. bank issues $500m in T-bills    Tax policy plays crucial role in attracting investment to Egypt: ETA chief    EU sanctions on Russian LNG not to hurt Asian market    Al-Mashat leads Egyptian delegation at inaugural Korea-Africa Summit    Egypt urges Israeli withdrawal from Rafah crossing amid Gaza ceasefire talks    Parliamentary committee clashes with Egyptian Finance Minister over budget disparities    Egypt's Foreign Minister in Spain for talks on Palestinian crisis, bilateral ties    Egypt's PM pushes for 30,000 annual teacher appointments to address nationwide shortage    Sri Lanka offers concessionary loans to struggling SMEs    Indian markets set to gain as polls show landslide Modi win    Russian army advances in Kharkiv, as Western nations permit Ukraine to strike targets in Russia    Egypt includes refugees and immigrants in the health care system    Ancient Egyptians may have attempted early cancer treatment surgery    Grand Egyptian Museum opening: Madbouly reviews final preparations    Madinaty's inaugural Skydiving event boosts sports tourism appeal    Tunisia's President Saied reshuffles cabinet amidst political tension    US Embassy in Cairo brings world-famous Harlem Globetrotters to Egypt    Instagram Celebrates African Women in 'Made by Africa, Loved by the World' 2024 Campaign    US Biogen agrees to acquire HI-Bio for $1.8b    Egypt to build 58 hospitals by '25    Giza Pyramids host Egypt's leg of global 'One Run' half-marathon    Madinaty to host "Fly Over Madinaty" skydiving event    World Bank assesses Cairo's major waste management project    Egyptian consortium nears completion of Tanzania's Julius Nyerere hydropower project    Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    Swiss freeze on Russian assets dwindles to $6.36b in '23    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Amal Al Ghad Magazine congratulates President Sisi on new office term    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt develops Nuweiba port with EGP 150m
Published in Amwal Al Ghad on 11 - 03 - 2012

Nuweiba port will be developed with EGP 150 million costs to accommodate the prospected growth in 2030, 1.7 million passengers, Galal El-Saeed, Minister of Transportation, said in his meeting with General Khaled Fouda, governor of South Sinai; General Mohamed Abdel Kader Gaballah, Head of Red Sea Ports Authority and south Sinai's chieftains and youths.
El-Saeed said that they will develop the Port's maritime berth, to reach 300 meter, passenger's station (arrival and passenger's halls), commercial market, internal road network and infrastructure. In addition, there will parking areas and services buildings. These extensions will occupy 505 thousand m2 area.
The first phase, which will be ended in March 30th 2012, includes two exports halls, import hall, export-import services building, drivers' services building, 1800 m2 customs barriers, 800 m halls barriers and parking tents.
Chieftains demanded the operation of El-Tor Seaport, the development of Sharm El-Sheikh seaport, the establishment a bridge connecting Egypt with Saudi Arabia and Gulf countries which will support economic status at South Sinai and the construction of a short road from El-Tor to St. Catherine's through Hebran valley, which will decrease the distance from 160 km to 60 km, MENA reported.
El-Saeed said that the 28 km Sharm El-Sheikh-Saudi Arabia Bridge's estimated cost is about EGP 25 billion, therefore it requires a political will. Another obstacle facing the project is that it needs a 3300 m link, while the longest connecting link ever established was 3000 m, which was used in Italy-Sicily Bridge.


Clic here to read the story from its source.