{"id":660303,"date":"2025-02-10T00:00:00","date_gmt":"2025-02-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/10\/hassan-allam-holding-subsidiary-to-develop-14-1k-feddan-of-the-1-5-mn-feddans-project\/"},"modified":"2025-02-10T00:00:00","modified_gmt":"2025-02-10T00:00:00","slug":"hassan-allam-holding-subsidiary-to-develop-14-1k-feddan-of-the-1-5-mn-feddans-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/10\/hassan-allam-holding-subsidiary-to-develop-14-1k-feddan-of-the-1-5-mn-feddans-project\/","title":{"rendered":"Hassan Allam Holding subsidiary to develop 14.1k-feddan of the 1.5 mn feddans project"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>ECDC<\/strong> <strong>+ <\/strong><strong>Hassan A<\/strong><strong>llam Holding to develop 14.1k-feddan agricultural project:<\/strong> State-owned Egyptian Countryside Development Company (ECDC) inked an investment contract with Hassan Allam Holding that will see the latter\u2019s newly-launched subsidiary Jinet Agriculture develop an integrated agricultural development project on 14.1k feddans in western Minya, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/19dZqQMUFU\/\" style=\"\" rel=\"noopener\">statement<\/a>. The project will see a variety of crops cultivated to meet local market and export demand.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>Hassan Allam, CEO of the construction giant, noted in the press release that the project is \u201ca strategic move that reflects our commitment to supporting sustainable development and enhancing food security.\u201d He added that the initiative \u201cconfirms Jinet Agriculture\u2019s commitment to adopting sustainable agricultural practices that contribute to preserving natural resources and enhancing economic and social development.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We saw this coming: <\/strong>We first got word last <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e9e22e13-4792-4199-b649-bd30658bce2e\/suez%25e2%2580%2599s-coal-and-diesel-production-complex-should-be-complete-next-year.-plus:-news-from-amea,-hassan-allam-holding,-ezz-steel\" style=\"\" rel=\"noopener\">October<\/a> that Hassan Allam Holding was looking to step into the agricultural sector, with the company\u2019s CEO telling Asharq Business at the time that \u201cWe are currently establishing a company for land reclamation and export, and contracting on a large piece of land, part of which will be dedicated to strategic crops.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> The project is part of the ECDC-run <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/180c59b8-cfbf-419d-bf90-1b4a543c786d\/enara-energy-to-supply-renewable-energy-to-1.5-mn-feddans-project\" style=\"\" rel=\"noopener\">1.5 mn-feddan reclamation and<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/180c59b8-cfbf-419d-bf90-1b4a543c786d\/enara-energy-to-supply-renewable-energy-to-1.5-mn-feddans-project\" style=\"\" rel=\"noopener\">development<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/180c59b8-cfbf-419d-bf90-1b4a543c786d\/enara-energy-to-supply-renewable-energy-to-1.5-mn-feddans-project\" style=\"\" rel=\"noopener\">initiative<\/a>, which involves tendering a vast expanse of land in the Western Desert to qualified investors and aims to increase the size of Egypt\u2019s arable land by 20%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Desert land reclamation is high on the government\u2019s list: <\/strong>The cabinet <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e539993d-4a92-42e9-bf5d-aba1f9bdef65\/cabinet-approves-public-transport-protection-law,-food-factory-golden-license,-and-desert%253cmark%253e-land%253c%2Fmark%253e-development-chamber\" style=\"\" rel=\"noopener\">late last year<\/a> approved the creation of a desert land development chamber under the Federation of Egyptian Industries that will oversee activities on reclaimed land to boost agricultural productivity, promote sustainable land use, and support water management in these areas. The news comes as the state pursues a number of large reclamation projects, including the 1.5 mn-feddan project and its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/81838c08-0b75-49e0-8946-5bf350aac4f0\/step-aside,-1.5-mn-feddan-project.-there%25e2%2580%2599s-a-new-reclamation-megaproject-in-town\" style=\"\" rel=\"noopener\">New Delta reclamation project<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>ECDC inked an agreement with Nile Sugar <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bf750051-eae1-4fe4-9af7-3171c7c1d73a\/marriott-to-open-new-downtown-hotel.-plus:-news-from-infinity,-azimut,-arco,-madinet-masr\" style=\"\" rel=\"noopener\">in July<\/a> to allocate 14k feddans to set up an integrated industrial-agricultural project for sugar production. Reclamation and cultivation of the new land is set to be completed within three years of the contract\u2019s signing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The project is part of the ECDC-run 1.5 mn-feddan reclamation and development initiative<\/p>\n","protected":false},"author":1,"featured_media":660304,"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":[7181],"tags":[97,11422,72,890],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-660303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agriculture","tag-agriculture","tag-egyptian-countryside-development-company","tag-enterpriseam","tag-hassan-allam-holding","wpautop","entry"],"acf":{"mongo_id":"15833e2f-a760-47c9-926a-d7a45cb8001a","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/799.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Hassan Allam Holding subsidiary to develop 14.1k-feddan of the 1.5 mn feddans project","related_issue":[660292],"teaser":"The project is part of the ECDC-run 1.5 mn-feddan reclamation and development initiative","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.924a238c-d738-4a44-b3d2-e3eb2308efea.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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We have another busy issue for you today, so without any further ado, let\u2019s get into it.THE BIG STORY TODAY ECDC inks agreement with Hassan Allam Holding for a 14.1k-feddan agricultural project: State-owned Egyptian Countryside Development Company (ECDC)\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/756.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595037,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/15\/regional-investors-looking-at-egypts-1-5-mn-feddan-project\/","url_meta":{"origin":660303,"position":1},"title":"Regional investors looking at Egypt\u2019s 1.5 mn feddan project","author":"enterpriseam admin","date":"15 September 2019","format":false,"excerpt":"INVESTMENT WATCH- Regional investors eyeing 1.5 mn feddan project: The Egyptian Countryside Development Company (ECDC) has received three offers from regional investors to develop land as part of the 1.5 mn feddan project, Chairman Ater Hanoura told Al Mal. Saudi Arabian company Dallah Al-Baraka is seeking 25k feddans in Al\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":571954,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/07\/enara-energy-to-supply-renewable-energy-to-1-5-mn-feddans-project\/","url_meta":{"origin":660303,"position":2},"title":"Enara Energy to supply renewable energy to 1.5 mn feddans project","author":"enterpriseam admin","date":"7 June 2020","format":false,"excerpt":"Enara to supply renewable energy to 1.5 mn feddans project under contract with ECDC: Enara Energy will generate and distribute 400 MW of renewable energy to farms and businesses in El Moghrah and westernmost Minya as part of the 1.5-mn feddans desert reclamation project, according to a company press release\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":662198,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/12\/another-hassan-allam-subsidiary-secures-neom-contract\/","url_meta":{"origin":660303,"position":3},"title":"Another Hassan Allam subsidiary secures Neom contract","author":"enterpriseam admin","date":"12 March 2025","format":false,"excerpt":"PLUS- Finance in Motion plans to invest USD 100 mn in Egypt this year","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/887.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":633977,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/hassan-allam-properties-signs-agreement-to-co-develop-250-acres-with-el-mostakbal\/","url_meta":{"origin":660303,"position":4},"title":"Hassan Allam Properties signs agreement to co-develop 250 acres with El Mostakbal","author":"enterpriseam admin","date":"2 January 2018","format":false,"excerpt":"Hassan Allam Properties (HAP) announced partnering with El Mostakbal for Urban Development to co-develop a 250-feddan mixed-use project in Mostakbal City. The project entails investment of EGP 18 bn an is located in the Eastern extension of New Cairo. The new development is planned for mixed-use and is expected to\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":632649,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/15\/hassan-allam-acquires-600-feddan-land-plot-on-north-coast\/","url_meta":{"origin":660303,"position":5},"title":"Hassan Allam acquires 600-feddan land plot on North Coast","author":"enterpriseam admin","date":"15 February 2018","format":false,"excerpt":"Hassan Allam Properties announced securing a 600-feddan land plot on the North Coast, the company announced in an emailed statement. The planned development for the plot will include residential units a clubhouse, a five-star boutique hotel, a commercial hub, an Aqua Park, sports club, as well as beachfront cabanas. \u201cWe\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"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\/660303","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=660303"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/660303\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/660292"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/660304"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=660303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=660303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=660303"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=660303"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=660303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}