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| 7476 Subject |
مناطق جديدة للمشروعات الصناعية والتعدينية بمحافظة البحر الاحمر Red Sea Governor, General Saad Abu Reida announcing new quarries to be soon offered to private investors. |
| Date Published | Thursday, December 02, 2004 |
| Source Name | Al-Akhbar |
| Location Name | Red Sea |
| Description | Red Sea Governor, General Saad Abu Reida has announced new quarries to be soon offered to private investors. They are located in Hurghada, Zaafarana, Ras Ghareb, Safaga, Al Qoseir, Marsa Alam, Halayeb, Shalatin & Abu Ramad. General Abu Reida said his Governorate has offered over the past years tens of thousands of employment opportunities to Egyptians from Delta & the Valley. [In June 2002 media reports quoted General Abu Reida predicting Red Sea Governorate disposes on mining & minerals reserves worth $ 400 billion]. N.B. worth reminding is that a week earlier mining business has been transferred from the Ministry of Industry & Foreign Trade to the Ministry of Petroleum. [Day earlier & while addressing a Mining Potential Forum held at Al Azhar University, Eng. Sameh Fahmy has assured the soon release of a strategy to revamp national mineral wealth & extend the potential for private sector participation]. |
| Sectors Section |
Beneficiary Sectors - Mining Mining |
