Egyptian Strategic projects..updates

The Egyptian President: We invoke a successful national experience to be a beacon for the new Republic Road

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Al -Sisi says in a speech on the occasion of the anniversary of July 23 that Egypt witnessed a comprehensive urban boom and made qualitative and unprecedented leaps in the infrastructure

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Egypt on the Brink of an Oil Revolution: Discovery of a Sea of Shale Oil Changes the Equation!**In a discovery that could reshape Egypt’s energy future, the companies "Wadico" and "BCM" have announced the launch of the first project to explore and produce shale oil in the south of the country, tapping into a massive reserve estimated at 115 billion barrels of extractable oil from oil shale rocks, within a total reserve of 225 billion tons of these rocks.This step marks a qualitative leap, as Egypt’s announced conventional oil reserves (3.3 billion barrels) are dwarfed by multiples, placing the country among the nations rich in shale oil. Experts indicate that the organic carbon content in these rocks reaches 16.9% by weight, with an extractable bitumen ratio of 2.5%, allowing the production of up to 45 gallons of crude oil per ton of rock, with an average of 19 gallons, and a calorific value of up to 6,050 kilocalories per kilogram.**A Pioneering Experience Inspired by Jordan** Egypt draws inspiration from Jordan, which, in collaboration with "BCM," succeeded in producing shale oil at a cost ranging between 32 and 38 dollars per barrel. The cost in Egypt is expected to be lower due to abundant resources and ease of extraction. The process involves grinding the rocks and heating them in an air-isolated environment to break down organic and bituminous materials, followed by the extraction of crude oil.**A Vast Gas Wealth** The discoveries are not limited to shale oil but extend to a massive reserve of natural shale gas estimated at 536 trillion cubic feet, of which 99 trillion cubic feet are easily extractable, reinforcing Egypt’s position as a regional energy hub.**Challenges and Promising Prospects** Despite the high cost of shale oil extraction (30-70 dollars per barrel globally), localizing this industry and attracting specialized investments could enable Egypt to produce one million barrels daily, approaching U.S. production levels (8.32 million barrels daily). This ambition requires substantial investments and the development of local technologies to ensure the industry’s sustainability.**A Bright Future** This discovery represents a potential economic revolution that could transform Egypt into an oil and gas exporting nation, boosting its economy and opening new avenues for development. With continued collaboration with global companies and the localization of technology, Egypt is moving confidently toward exploiting this "sea of oil" beneath its lands.

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ECHEM Delegation Visits China to Strengthen Strategic Partnerships​

  • Sunday, 3rd August 2025
ECHEM Delegation Visits China to Strengthen Strategic Partnerships

A delegation from the Egyptian Petrochemicals Holding Company (ECHEM), headed by Chairman Ibrahim Mekky, visited China to explore strategic partnerships and potential localisation opportunities in high-value industries in Egypt.

The visit included tours of advanced industrial complexes in the cities of Lanzhou and Zibo, covering sectors such as metallurgical silicon, nylon, and soda ash. In Lanzhou, the delegation inspected a metallurgical silicon facility operating 28 furnaces, each producing 15,000 tonnes annually. The plant reportedly operates at 108% capacity utilization and plans to add 11 new furnaces to meet rising demand from aluminum, alloy, and silicone industries.

In Zibo, the delegation visited a nylon production plant run by China TianChen Engineering Corporation (TCC), a subsidiary of China National Chemical Engineering Company (CNCEC). Company officials delivered a presentation of the production process, which employs Chinese-patented “Butadiene Hydrocyanation” technology introduced in 2015.

The first phase of the nylon project has a production capacity of around 300,000 tons of acrylonitrile, 200,000 tons of hexamethylenediamine, 200,000 tons of adiponitrile, and 200,000 tons of Nylon 66 and its derivatives. Total investments for the phase amount to 10.4 billion Chinese yuan.

Discussions during the visit included potential technology transfer to Egypt and opportunities for industrial integration with key Egyptian sectors such as automotive, cables, industrial textiles, and electronics—industries experiencing rapid growth and increasing demand for intermediate and specialised materials.

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The Egyptian delegation wrapped up its official visit to Tianjin with a series of strategic meetings with senior leadership from China TianChen Engineering Corporation (TCC), aimed at strengthening industrial cooperation and fast-tracking the execution of key joint projects.

During the talks, Chairman Ibrahim Mekky and his delegation reviewed the status of three general contractor agreements signed earlier this year with TCC, covering soda ash, metallurgical silicon, and bioethanol projects. With a combined value of approximately $1 billion, the projects are considered vital to Egypt’s efforts to localize manufacturing, reduce reliance on imports, and integrate advanced technologies into the domestic industrial base.

Both sides agreed on the need to condense project timelines and to submit revised implementation schedules in line with international standards. To maintain momentum, ECHEM and representatives from TCC and its parent company, China National Chemical Engineering Company (CNCEC), will hold regular follow-up meetings to review progress and proactively address any potential challenges.

The visit follows the July 2025 signing of a non-binding framework agreement in Beijing between the Red Sea National Petrochemicals Company and CNCEC to implement the Red Sea Petrochemical Project in the Suez Canal Economic Zone (SCZONE). According to Egypt’s Ministry of Petroleum and Mineral Resources, the initiative is one of the country’s most significant upcoming ventures in the chemical industries sector.
 
📌 Egypt is preparing to announce a comprehensive economic vision of 2030 before the end of 2025

The vision will include numbers, targets and the size of investments

📌 The government aims to attract 42 billion dollars in foreign direct investments in 2025-2026

📌 The Extraordinary Ras Al -Hikma deal in 2024 pump 35 billion dollars and enhanced investment flows in an unprecedented way

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Spanish Hydroo announces its willingness to participate in converting Egypt into a regional center for manufacturing and exporting pumps

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The Spanish company Hydroo has announced its willingness to participate in converting Egypt into a regional center for the manufacture and export of pumps and supplies of drinking water and sewage stations.

Converting Egypt into a regional center for manufacturing and exporting pumps

According to the officials of the company "Hydroo", the Egyptian market is one of the promising markets because of its great expansion in national projects, looking to participate in making Egypt a regional center for manufacturing and exporting pumps to the countries of the region.

https://www.hydroo.com/en/pump-solutions/
 
Egypt determines the date of the opening of the Grand Egyptian Museum on November 1, according to the cabinet statement.

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📌 Egypt explores gas reserves in the eastern Mediterranean

- The government offers a global tender for a Seismic scan survey covering 100,000 square kilometers in the eastern Mediterranean
_ The survey aims to evaluate gas reserves and enhance discoveries in the region
East Mediterranean represents 62% of the production of Egyptian gas, followed by the Nile Delta 19% and Western Sahara 18%
_ Execution will be through multiple companies and dividing the regions for specific sectors

Funding from companies wishing to buy data, not from the state budget

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An upcoming visit from 100 Chinese companies to Egypt within two months to discuss investment opportunities

The visit comes with the aim of exploring the available investment opportunities and discussing the expansion of its existing investments, in a move that reflects the depth of the strategic partnership between Cairo and Beijing.

This visit comes within the framework of the increasing momentum witnessed by economic relations between Egypt and China, where Egypt visited a delegation from the Tishjang Province that included about 25 companies, including 10 Chinese companies that signed agreements to establish companies affiliated with them in Egypt, including a company with a capital of about 500 million dollars, and the rest in the process of joining the Egyptian market.

He stated that the Chinese investment fields are witnessing a remarkable diversity, with the entry of new sectors that include the logistics sector: currently two Chinese companies, smart technology, especially in the fields of smart factories management and electronic production planning, are currently planning integrated factories to ready -made clothes.

These developments enhance the attractiveness of the Egyptian investment environment, and support the state's directions in attracting more foreign direct investments, especially from strategic partners such as China
 
Egypt informs Russia of its desire to manufacture nuclear equipment on its territory

The Ministry of Electricity and Renewable Energy in Egypt announced its desire to manufacture some equipment of the Dabaa nuclear plant on its soil and technology transport.

A meeting was held in Cairo between the Egyptian Minister of Electricity and Renewable Energy Mahmoud Esmat, and the management of the Dabaa Nuclear Energy Station project, where the meeting was attended by the director of the Dabaa Nuclear Energy Station project, Alexei Konunino, and the Chairman of the Board of Directors of the Egyptian Nuclear Stations Authority Sherif Helmy.

During the meeting, the two parties discussed the localization of the production of the Dabaa nuclear power plant equipment, the participation of Egyptian companies and cadres in the project, and the expansion of training and technology transport programs, in addition to preparations for installing the first energy unit reactor bowl, which is scheduled to be completed at the end of this year.

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May 2 2025

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The Arab Organization for Industrialization signed this morning an agreement with the Chinese company "Exxway", to establish the first factory of its kind in Egypt to produce magnetic resonance devices, X -rays and CT scans.

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After entering the Saudi market through the "Benan" project on an area of 10 million square meters in the capital, Riyadh, the Egyptian Talaat Mustafa Group is seeking to acquire 14 million square meters in the Iraqi capital, Baghdad, to establish a real estate project with expected sales of up to 17 billion dollars, with the aim of transferring the Egyptian experience in converting the desert into international urban societies.

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Egypt plans to invest 24 billion pounds during the coming fiscal year 2025-2026, to complete and implement a package of projects in the infrastructure sector
- The expected investments will be directed to complete the construction work with road projects and majority that have been launched during the past two years with lengths of more than two thousand kilos, in addition to working to end 6 upper bridges on the Nile to link the cities of East Upper Egypt with the west, according to an official to "Al Sharq"
- The official added, "The infrastructure projects focus mainly on serving industrial areas, as well as making traffic paths to connect the governorates each other, especially the border, and others mainly affect citizens, including completing the development and expansion of the circular road around the Greater Cairo in the second and third stage."
- The lengths of the paved roads in Egypt have doubled during the last decade to reach 130.6 thousand kilometers, according to the data of the Central Agency for Public Mobilization and Egyptian Statistics

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Egypt storms the marine cable industry .. a historical achievement that places it in the adult club
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The Egyptian government announced the entry of the country to manufacture marine cables, to become the sixth country in the world and the first in the Middle East and Africa in this vital industry, which was the preserve of America, China, Japan, France and Norway.
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500 million dollars investments .. and a global factory in Damietta
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Establishing the first Egyptian marine cable factory with $ 500 million investments.
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Factory with an area of 500 thousand square meters in Damietta Port, which includes a giant tower with a height of 180 meters to ensure the highest quality of production.
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100% of production for export to Europe, Africa, and the Middle East.
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2000 new job opportunities .. and a local nutritional industry
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The project will provide 2000 direct and indirect jobs within 3 years.
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It strengthens local industries by 30%, according to the studies of the Ministry of Industry.
Marine cables .. the global internet artery
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97% of global data, from calls to video broadcast and artificial intelligence.
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Egypt ranks second in the world in hosting marine cables after America, through which 24 marine cables represent 17% of the total global cables.
Strategic shift .. from a data corridor to a global manufacturer
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Local manufacturing reduces dependence on the outside and enhances digital sovereignty.
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Egypt raises the frequency domain display share to 2.6 Terpens per second, in preparation for the "2AFICA" project, the largest global marine cable system.
Market with 32.48 billion dollars .. and Egypt is preparing for the future
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The value of the global marine cable market amounts to 32.48 billion dollars by 2029.
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Egypt aims to increase the production of marine cables 50% by 2030, and to establish maintenance and training centers of regional cadres.
American expert: "This is not just an economic step, but a strategic move that makes Egypt an indispensable player in global communications."

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