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Report No. 26 for the Fourth Week of June 2005
Local Projects
All Sectors Report
| SECTOR | DETAILS | NO. |
| Cement | L.E. 3.66 billion deal seems in the pipeline concerning Italcementi Group intending to buy out 100 % of Asec Cement Co. at a price ranging L.E. 30.5 to L.E. 31 per share. | 8744 |
| Construction | Construction of phase 1 of the Social Service Institute building in Damanhour City. | 8733 |
| Construction | Diba Hotels Co. saying it was awarded two contracts worth L.E. 34 million for the furnishing & decoration works at two five stars hotels in Cairo & Sixth of October City. | 8739 |
| Construction | L.E. 150 million large sized shopping complex project now under implementation in Sharm Al Sheikh City on Om El Sayyed Hill. | 8742 |
| Construction | State owned Nile General Co. for Construction & Pavement offering for sale in a public auction by sealed envelopes a 20,000 M2 empty & registered land lot of a distinguished location in Heliopolis, Cairo. | 8762 |
| Construction | Investors are searched to implement, in joint venture with Damietta Port Authority, new establishments & facilities at the Port. | 8771 |
| Construction | Euro 5 million grant extended by Germany to revamp Boulak El Dakrour District in Giza Governorate. | 8772 |
| Construction | Conducting the required civil works for the raw sulfur warehouses in Ein Al Sokhna, in Suez. | 8774 |
| Consultancy | EU backed Industrial Modernization Center inviting individual local consultants & experts to register their data. | 8748 |
| Economy | Foreign trade volume between Egypt & Lebanon increasing from $ 74.5 million in 1997 to $ 335 million in 2004. | 8736 |
| Economy | Recent released statistics of CAPMAS - Central Agency for Public Mobilization & Statistics, quoted in the media, have indicated that 818,500 tourists have visited Egypt during April 2005 | 8761 |
| Economy | N.B.E. – National Bank of Egypt raising L.E. 500 million credit line to finance poultry wealth development projects. | 8765 |
| Economy | 2,956 new companies established during the first 5 months of 2005 capitalized at L.E. 8.4 billion. | 8768 |
| Economy | Kuwait based Al Shayee Group said it has offered L.E. 400 million to buy out Omar Effendi Stores Co. | 8773 |
| ElectroMech | Sukhna Co. for Animal Wealth recently formed under $ 20 million estimated investments. | 8747 |
| ElectroMech | Supply of spare parts for the signals serving Cairo Metro first line. | 8753 |
| ElectroMech | Supply & erection of the electromechanical equipment pertaining to 5 lifting stations as part of a sanitary drainage project in Samallout City in Minya Governorate. | 8759 |
| ElectroMech | Egypt spending annually L.E. 5 billion for the packaging and wrapping of commodities and products. | 8760 |
| ElectroMech | Cairo University, the National Cancer Institute, postponing the deadline of tender for the rehabilitation & revamping of the Northern Building of the Institute Hospital involving civil & electromechanical works to now become 7/25/2005 instead of 6/27/2005. | 8766 |
| ElectroMech | Nagee Hamadi Co. for Wood Processing SAE inviting potential investors to invest in the company. | 8769 |
| ElectroMech | Request of international offers for the maintenance of the central control system serving the movement & traction of metro units on Cairo Metro first line. | 8775 |
| Info Systems | L.E. 83.3 million scheme endorsed for the mechanization/ computerization of operations at all courts countrywide over the next 5 years. | 8731 |
| Info Systems | Invitation for IT private sector companies to join the ICT Capacity Building Program backed by the Industry Modernization Center. | 8746 |
| Info Systems | EU endorsing a grant involving 8,550 computers to 57 schools in Qena Governorate plus L.E. 5,000 for each school as contribution for training. | 8750 |
| It&Telecom | 142 new I.T. companies constituted in Egypt during the first four months of 2005 driving total I.T. companies operating in the country to 1,516. | 8741 |
| PetroChem | Three petroleum concession agreements signed earlier with IOEC of Italy endorsed by the Industry & Energy Committee of the People Assembly. | 8735 |
| PetroChem | A memorandum of understanding signed with Siemens of Germany to cooperate in the overhauling of gas, steam fired turbines & compressors. | 8745 |
| Pipes & Networks | Implementing of a potable water network to serve Juhayna City in Sohag Governorate. | 8758 |
| Pumps | Supply of (a) 90 electric submersible pumps of 80 M3/ hour discharge at35 meters lift, (b) 4 mobile electric submersible pumps with agitator, (c) 4 concrete surfaces leveling machines (helicopters) & (d) round stainless steel bars of 6 mm. diameter made of steel No. 304. | 8764 |
| Roads | L.E. 300 million project endorsed to proceed with a 260 Km long road extending between El Dakhla & Assuit. | 8770 |
| Supply | AOI – Arab Organization for Industrialization, SEMAF Railways Equipment Factory, postponing the deadline of tender to supply a paint cabin for railway coaches to now become 7/10/2005 instead of 6/20/2005. | 8729 |
| Supply | Preparing & equipping of new branches & banking units at (a) Beni Swef University, (b) Al Aqqad Branch in Asswan & (c) Al Fath Branch in Sohag. Deadlines 7/18, 7/21 & 7/26/2005 | 8756 |
| Supply | Supply of the Bank yearly requirements of desks, tables & rest houses furniture. | 8776 |
| Water&Drainage | Improving the sanitary drainage network at Ezbet El Rahma village behind the Airport Health Care Office. | 8755 |
| Water&Drainage | Conducting the required (a) drainage related industrial works for the construction of a bridge across Al Zeini drainage canal at Kilo 1.400, among other bridges, (b) protection & renovation works for the deteriorated sides along 1,200 meters long section of Al Delingat Canal and (c) similar works along a 700 meters long section on the right side of the same canal. Deadlines 7/24, 7/26 & 7/28/2005 | 8757 |
| Water&Drainage | Completion of (a) subsurface [ tile ] drainage networks at Salam first zone serving 2,700 feddans in Markaz Abu Tesht, for completion in 15 months, (b) other subsurface [ tile ] drainage networks at Salam second zone serving 2,400 feddans , also in Markaz Abu Tisht, for completion in 12 months, & (c) conducting the drainage related earthmoving & industrial works required for the construction of Al Marashda drainage canal in Markaz Nagee Hamadi, | 8763 |
| Water&Drainage | Negotiations ongoing with the World Bank regarding $ 180 million soft loan to extend a new branch of the river Nile to serve 255,000 feddans land in west delta. | 8767 |
| Water&Drainage | Request for registration of contractors for civil & erection works pertaining to potable water & waste water stations & networks, also of engineering consultancy offices. | 8777 |
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