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Report No. 22 for the Fourth Week of May 2005
Local Projects
All Sectors Report
| SECTOR |
DETAILS |
NO. |
| Construction | According to Dr. Farouk Hosni, Minister of Culture, long announced New Egyptian Museum Project in the Pyramids area is progressing as per schedule & cost exceeds $ 550 million. | 8566 |
| Construction | Misr Insurance Co. has offered for sale in public auctions two registered & empty land lots of 20,000 M2 & 13,500 M2 areas in most distinguished locations in Cairo & Giza. | 8567 |
| Construction | Egypt to spend up to $ 345 million to revamp its sea ports over the next few years. | 8569 |
| Construction | An L.E. 500 million project to produce aluminum sulfate is now scheduled to start production by August 2005. | 8572 |
| Construction | World market for Golf Games in Europe & the US put at $ 21 billion and Egypt is a candidate to acquire a share in that (lucrative) cake. | 8573 |
| Construction | PACIN – Paints & Chemical Industries Co. SAE establishing a new company to specialize in printing inks capitalized at L.E. 50 million to operate under the investment law. | 8576 |
| Construction | Invitation for qualification of main contractors for the construction of 30 schools in different Governorates over the next 3 years under US AID funding | 8587 |
| Construction | Request for registration of suppliers & contractors for Aqua Park Sharm Dreams Project in Sharm El Sheikh City including landscaping supplies & works [ colored concrete floorings, artificial rocks, statutes, decorative rods and structures ], all types of plants, trees & palm trees, wooden & metallic decorative woks, wooden & metallic parks furniture, sound systems & dress rooms metallic cabinets & wireless communication instruments. | 8589 |
| Construction | Construction of a so called Beach Plaza restaurants complex in Tarh El Bahr area. [ Bidders need be classified by the Contractors Federation not less than grade 4 ] | 8593 |
| Economy | Contrary to earlier circulated projections prices of steel rebars witnessing a 10 % decline on the market. | 8564 |
| Economy | Sumid revenues in 2004 put at $ 314 million | 8570 |
| Economy | Homefield International PVT. Ltd., affiliated to Tata Group of India placing a public offering to buy out EFC – Egyptian Fertilizers Co. SAE at $ 450 million. | 8571 |
| Economy | Italian Ambassador to Egypt announcing two new projects are now evaluated by Italian investors. | 8574 |
| Economy | Egypt Minister of State for International Cooperation urging Egyptian companies & contractors to bid on projects in Europe financed by the Paris based European Bank for Reconstruction & Development. | 8575 |
| Economy | Tabarak Co. has announced it is progressing with two projects at kilo 21 on Cairo/ Alex Road to produce medicines, also dairy & confectionery, each capitalized at L.E. 40 million on 80,000 M2 land for each project. | 8579 |
| Economy | Egypt Air Holding endorsing a $ 850 million order for 12 Boeing 737 - 800 aeroplanes to consolidate its fleet | 8586 |
| Economy | National (Holding) Co. for Construction & Development postponing the deadline set for anchor investor (s) to place & announce their public offering to buy out 5,277,154 shares in Nasr City Co. for Housing & Development to now become 6/25/2005 | 8588 |
| ElectroMech | C.A.D - Central Agency for Development, the Red Sea Development Projects Agency in Hurghada, has postponed the deadline of tender for the water desalination station in Shalatin City to now become 6/29/2005 instead of 5/28/2005. | 8565 |
| ElectroMech | A consortium lead by Alstom of France was declared winner of the equivalent of L.E. 302 million contract for the steam turbine of Talkha 750 MW combined cycle power station. | 8568 |
| ElectroMech | Sidr Sinai Co. for Land Reclamation SAE was recently established in Southern Sinai to involve with olives plantation & the recovery of raw olive oil. | 8578 |
| ElectroMech | Supply & erection of the electromechanical equipment as part of a sanitary drainage project at El Qatawiya Village in Markaz Abu Hammad, in Sharkiya Governorate. | 8580 |
| ElectroMech | Request of offers from eligible bidders for the supply & erection of stationary type machines for cutting & removal of aquatic weeds from canals including stopper screens to protect water intakes at Al Hares, Al Bostan I, Maruit II & Tarouga pumping stations under finance from the World Bank. | 8584 |
| ElectroMech | Supply & erection of the electromechanical equipment pertaining to Senters sanitary drainage water lifting station in Menoufiya Governorate. | 8592 |
| It&Telecom | A recent decision of Egypt Communication Sector opening the way for the option of a third mobile telephone license yet creating different reactions varying from calculated optimism on the one side to expressed cautious and/ or pessimism on the other side. | 8577 |
| Pipes & Networks | Supply of (a) spare parts for mobile water lifting pumps, (b) employees summer & winter uniforms, (c) different construction materials including bricks, cement, sand, gypsum, limestone & mosaico tiles, (d) UPVC & clay pipes. Deadlines 6/28, 6/29, 6/30 & 7/2/2005 | 8582 |
| Supply | Supply of combined painting & drying cabin for railway coaches. | 8581 |
| Supply | Request of offers from suppliers & agents for the supply of (a) oxygen free red copper strips, (b) oxygen free red copper pipes & tubes, (c) steel & aluminum bars, (d) silver welding wires, strips & (e) bronze wire mesh. Deadlines 6/21, 6/22, 6/25, 6/26 & 6/27/2005. | 8591 |
| Water&Drainage | Rehabilitation/ replacement of subsurface [ tile ] drainage networks at El Bedariya catchment area serving 3,800 feddans. | 8583 |
| Water&Drainage | Construction of Abu Hassiba El Sharki syphon by using 1,500 mm. internal. diameter pre cast concrete pipes with H.T. steel cylinder by means of hydraulic pipes jacking to pass underneath Cairo/ Asswan Railway Line, Ibrahimiya Canal & Cairo/ Asswan Highway. Job goes under finance from the World Bank. | 8585 |
| Water&Drainage | Conducting the required (a) protection works of Al Balayza area, in Markaz Abu Teeg, in Assuit Governorate from floods risks, also (b) auxiliary works for phase 1 of a project to improve irrigation in West Tahta Zone, in Markaz Tahta, in Sohag Governorate. | 8590 |
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