CAIRO – 4 June 2024: President Abdel Fatah El-Sisi has been eager for turning Egypt into a trade and energy hub. PortsLogistics are an important element of turning Egypt into a trade hub so a number of projects are being accomplished in that field. The former stretches on 286 feddans and consists of roads having a total length of 400,000 square meters. With regard to wind energy, a farm was introduced in Gabal El Zeit with initial investments worth €526 million, LE643 million, and 50 million yens. It will consist of four reactors having a total capacity of 4,800 megawatts.

Source: Egypt Today June 04, 2024 15:58 UTC