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A look at the state’s infrastructure spending priorities for FY 2023-24
Transport remains the single largest recipient of infrastructure investments
Scatec to partner on USD 450 mn green methanol plant. PLUS: infrastructure postponed, corn trading, Helpoo stake sale, Evonik
Scatec has become a key player in Egypt’s green energy industry
Ashok Leyland could partner with El Nasr Auto on EVs
El Nasr Auto has been looking for a new foreign partner since talks with Dongfeng ended in 2021
Telecom Egypt completes work on 2Africa mega cable
The 45k-km cable will Africa, Europe and Asia and is being worked on a consortium of global companies
Siemens, Giza Systems deliver mobile substations
Mobile units are providing power to remote projects while permanent stations are built
Khazna Data Centers + Benya to build USD 250 mn hyperscale data center in Cairo
The facility will have an initial 25 MW capacity, which could be doubled at a later stage
Cabinet greenlights Scatec Europe interconnector MoU
The Norwegian company wants to build a 3-GW electricity link between Egypt and Italy
Al Kharafi + Samcrete awarded EUR 60 mn in contracts for new water infrastructure in Fayoum. PLUS: Cheaper wheat, better mobile networks, O West deliveries
The companies will build a new wastewater treatment plant and sewage networks under EBRD-backed program
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