CanWell Educational Consultants is planning to invest EGP 400 mn to complete the second phase of the University of Canada in Egypt in the new administrative capital, Chairman Magdy El Kady tells Al Mal. CanWell expects to invest a total of EGP 2 bn in the university over the course of seven years, according to El Kady. Higher Education Minister Khaled Abdel Ghaffar had inaugurated the first phase of the university on Monday.