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المصري اليوم
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Source: المصري اليوم
17 Hrsالمصري اليوم
Source: المصري اليوم
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The Council of Ministers approved several important decisions to enhance infrastructure and development in Egypt. Notably, a plot of land measuring approximately 69.26 acres west of Port Said was allocated for the construction of seawater desalination plants as part of the state's plan until 2050, aiming to support the expansion of water desalination projects. Additionally, compensation payments related to land expropriation for the high-speed electric train project have been completed. An integrated logistics zone was also established next to the Saloum Port to increase transportation and storage activities. It was also announced that a new company has been founded to manage the Sadat Dry and Land Port, along with negotiations with an international firm to operate nine hotel and commercial towers in the "Phasrat View" project for 15 years, to attract investment. Furthermore, the Council approved the assignment of 17 engineering projects and increased the capital of the National Asset Management Company to 105 million Egyptian pounds to enhance its financial capacity.
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