{"id":546656,"date":"2022-05-24T03:54:45","date_gmt":"2022-05-24T03:54:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/24\/orascom-construction-and-al-ahly-capital-to-build-west-cairo-industrial-park\/"},"modified":"2022-05-24T03:54:45","modified_gmt":"2022-05-24T03:54:45","slug":"orascom-construction-and-al-ahly-capital-to-build-west-cairo-industrial-park","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/24\/orascom-construction-and-al-ahly-capital-to-build-west-cairo-industrial-park\/","title":{"rendered":"Orascom Construction and Al Ahly Capital to build West Cairo industrial park"},"content":{"rendered":"

<\/a> Orascom Construction + Al Ahly Capital partner on new industrial park:<\/strong> Orascom Construction (OC) subsidiary Suez Industrial Development Company (SIDC) signed an agreement with Al Ahly Capital Holding \u2014 the investment arm of the National Bank of Egypt \u2014 to build an industrial park in West Cairo\u2019s Abu Rawash, according to a statement (pdf)<\/a> yesterday.<\/p>\n

Who\u2019s doing what?<\/strong> Al Ahly Capital will own 75% of the joint venture set up to build the project, while SIDC will own 25% and be the park\u2019s lead developer and operator, Omar Bebars, the CEO of OC\u2019s building materials division, told Enterprise. Bebars declined to disclose the cost of the project.<\/p>\n

About the park:<\/strong> The industrial park will be home to companies working in logistics, light industries, and MSMEs, according to the press release. \u201cI believe there will be a lot of logistics companies due to the industrial park\u2019s location, which connects several areas together,\u201d Bebars said. The project could in part be powered by renewable energy, and the companies will discuss green targets with the Electricity Ministry, he added.<\/p>\n

Where plans stand: <\/strong>The companies are currently at the engineering and design stage and are developing the masterplan for the project, which should take 3-4 months, Bebars said. The entire project could take up to eight years to be fully completed, Bebars said.<\/p>\n

ADVISORS: <\/strong>Our friends at ALC Alieldean Weshahy & Partners advised Al Ahly Capital, while Baker McKenzie advised SIDC.<\/p>\n","protected":false},"excerpt":{"rendered":"

Orascom Construction + Al Ahly Capital partner on new industrial park: Orascom Construction (OC) subsidiary Suez Industrial Development Company (SIDC) signed an agreement with Al Ahly Capital Holding \u2014 the investment arm of the National Bank of Egypt \u2014 to build an industrial park in West Cairo\u2019s Abu Rawash, according to a statement (pdf) yesterday. […]<\/p>\n","protected":false},"author":1,"featured_media":546657,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7255],"tags":[1934,1935,72,131,363,113,477],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-546656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","tag-abu-rawash","tag-al-ahly-capital-holding","tag-enterpriseam","tag-manufacturing","tag-orascom-construction","tag-vaccines","tag-vacsera","wpautop","entry"],"acf":{"mongo_id":"8e86ca8b-b03f-4fa6-be37-b5219cca7213","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/5\/316.jpg","photo_position":"above","related_issue":[546644],"teaser":"","voice_url":""},"yoast_head":"\nOrascom Construction and Al Ahly Capital to build West Cairo industrial park - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/24\/orascom-construction-and-al-ahly-capital-to-build-west-cairo-industrial-park\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orascom Construction and Al Ahly Capital to build West Cairo industrial park\" \/>\n<meta property=\"og:description\" content=\"Orascom Construction + Al Ahly Capital partner on new industrial park: Orascom Construction (OC) subsidiary Suez Industrial Development Company (SIDC) signed an agreement with Al Ahly Capital Holding \u2014 the investment arm of the National Bank of Egypt \u2014 to build an industrial park in West Cairo\u2019s Abu Rawash, according to a statement (pdf) yesterday. 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El Batrik declined to name\u2026","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/415.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":629367,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/29\/al-ahly-capital-completes-acquisition-of-nbes-livestock-company\/","url_meta":{"origin":546656,"position":1},"title":"Al Ahly Capital completes acquisition of NBE\u2019s livestock company","author":"enterpriseam admin","date":"29 May 2018","format":false,"excerpt":"M&A WATCH- Arqaam Securities Brokerage completed Al Ahly Capital\u2019s EGP 744 mn acquisition of 100% of the International Company for Livestock from its corporate parent, the National Bank of Egypt, according to Mubasher. The agreement will see Al Ahly Capital use the livestock company\u2019s 600-feddan farm in Abu Rawash to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635623,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/10\/al-ahly-capital-acquires-livestock-company-owned-by-nbe\/","url_meta":{"origin":546656,"position":2},"title":"Al Ahly Capital acquires livestock company owned by NBE","author":"enterpriseam admin","date":"10 December 2017","format":false,"excerpt":"M&A WATCH- Al Ahly Capital acquired 100% of the International Company for Livestock from its corporate parent, the National Bank of Egypt, in a EGP 1 bn transaction, Al Ahly Capital CEO Khaled Badawi tells Al Masry Al Youm. The holding company plans on using the livestock company\u2019s 600-feddan farm\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575518,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/18\/egypts-sabbour-sidc-sign-infrastructure-contract-for-ain-sokhna-industrial-park\/","url_meta":{"origin":546656,"position":3},"title":"Egypt\u2019s Sabbour, SIDC sign infrastructure contract for Ain Sokhna industrial park","author":"enterpriseam admin","date":"18 October 2020","format":false,"excerpt":"Sabbour Consulting has signed a contract with the Suez Industrial DevelopmentCompany (SIDC) to complete the development of infrastructure works at the first phase of the SIDC Industrial Park in Ain Sokhna, according to a statement carried by Hapi Journal. The park looks set to be home to both heavy industry\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":619052,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/24\/b-investments-to-soon-snap-up-a-70-stake-in-orascom-financial-holding-plus-al-ahly-capital-holding-acquires-51-stake-in-easy-lease\/","url_meta":{"origin":546656,"position":4},"title":"B Investments to soon snap up a 70% stake in Orascom Financial Holding. PLUS: Al Ahly Capital Holding acquires 51% stake in Easy Lease","author":"enterpriseam admin","date":"24 April 2024","format":false,"excerpt":"B Investments will now need to complete the share swap","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1707.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":641176,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/14\/orascom-jv-with-fcc-aqualia-to-build-usd-320-mn-wastewater-treatment-plant-in-abu-rawash\/","url_meta":{"origin":546656,"position":5},"title":"Orascom JV with FCC Aqualia to build USD 320 mn wastewater treatment plant in Abu Rawash","author":"enterpriseam admin","date":"14 September 2017","format":false,"excerpt":"Orascom JV with FCC Aqualia wins contract to build USD 320 mn wastewater treatment plant in Abu Rawash: Orascom Construction Limited announced yesterday (pdf) that its 50:50 JV with FCC subsidiary Aqualia signed an EPC contract for the construction of the Abu Rawash wastewater treatment plant with investments of around\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=546656"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546656\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/546644"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/546657"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=546656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=546656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=546656"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=546656"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=546656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}