Page 112 - Benaa.Vol01

Report

BENAA Construction

Sector Grows

EXPOT COUNCIL BUILDING, REFRACTORY & METALLURGY INDUSTRIES

by13percent

The construction sector has Plans to build
creative community
been the most beneficial of the According to observers the The ministry's thus become an
of researchers and
recently declared strategy for first two years of President Ab- report said that the technology integral part of
Egypt 2030. The strategy, which is del Fattah Al- Sisi's rule could sector will be in- producers the development
looking forward to place the easily be described as the years volved in laying process. In 2016-
country as the 30th on the big of construction. The Ministry of the basis of the new 2017 plan, the government will
economies list, has given the Planning and Administrative capital's infrastructure work to establish 656.000 low-

sector a big boost by pouring in Reform reported that the build- which will be stretched cost housing units and develop
ing and construction sector over 3000 feddans and 8000 91 under- developed residential
billions of pounds to establish
grew by 13.4% during the sec- feddans in new Alamen city areas. The latter will witness the
new networks and cities. Starting
ond quarter of 2016 thus top- with current investments of LE3 establishment of 50.000 new
from the current fiscal year and
ping the list of the most devel- billion. The construction of housing units and an increase of
until 2030, the state is planning to
oping economic sectors in the 30.000 new housing units in the the capability of drinking wa-
add new cities in Toshka, Alamen,
country. The sector has also new capital and 10.000 more in ter's network from 36 million
Farafra, Thibus, Jalala mountain managed to attract investments Toshka at the farthest country cm to 38.9 cm million a day.

and Port Saeed. The main target of almost LE3.9 billion because border , in addition to 2000 The Suez Canal's developing
of the new plan is to extend the of its participation in the Grand Bedouin homes in Farafra and project has topped the list of the
populated areas from 6 percent to National projects which will be finally 8340 housing units in national projects for the year
12 percent of the total inhabited pursued for the coming ten Port Saeed is part of the plan. 2016. The government invested
areas in this country. years. The construction sector has $500 million to establish elec-
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