Latest news with #EgyptianCountrysideDevelopmentCompany
Daily News Egypt
11-08-2025
- Business
- Daily News Egypt
PM Madbouly reviews progress of 1.5 Million Feddan Project
Egypt's Prime Minister Mostafa Madbouly met on Monday with Amr Abdelwahab, Chairperson of the Egyptian Countryside Development Company (ECDC), to follow up on the progress of the national 1.5 Million Feddan Project—one of Egypt's most significant strategic initiatives. At the start of the meeting, the Prime Minister emphasized the importance of the ECDC's role as both developer and operator of this national project, which forms a central pillar of the 'Step towards the Future' programme. He highlighted the project's contribution to sustainable development and the establishment of new agricultural-based urban communities across the country. Abdelwahab provided a detailed briefing on the company's ongoing efforts in infrastructure development. He reported significant progress in road construction, well drilling, the installation of desalination plants, and the expansion of utility networks across various project sites. He also outlined the current status and plans for electrical grid expansion to meet the energy demands of the project's growing agricultural and residential zones. The meeting also included a review of the geographic distribution of ECDC lands, with updates on developments in areas including Al-Moghra, East Siwa, West-West Minya, West Minya Extension, Al-Tor, Old Farafra and its extension, New Farafra, South Safola, Toshka (surface and groundwater), West Manfalut, Al-Qusiya, and Darb Al-Bahnasawy. Abdelwahab outlined the contracted and cultivated areas at each site, identifying the primary crops grown according to local conditions, as well as activities in livestock, poultry, and aquaculture. To date, around 440,000 feddans have been cultivated or reclaimed, while approximately 875,000 feddans have been handed over to beneficiaries. An additional 192,000 feddans are currently undergoing legalisation or purchase procedures. More than 4,500 companies are now active within the project's various regions. Abdelwahab also highlighted a number of recent accomplishments. These include completing all procedures required to begin marketing industrial zones across ECDC locations, finalising the registration of project lands with the Real Estate Publicity Department, and expanding the total area of cultivated land within company jurisdictions to approximately 130,000 feddans in 2024. In addition, he noted the launch of sales outlets for agricultural and food products at company sites and in Greater Cairo, as well as the introduction of new development initiatives and cooperation protocols with various stakeholders to enhance implementation efforts. The company's digital transformation efforts have also gained momentum. Abdelwahab announced the launch of new electronic services that allow beneficiaries to register and submit applications remotely. He also reported the completion and handover of the Egyptian Countryside Development School for Basic Education in Al-Moghra and the issuance of approximately 3,200 Farmer Cards at the end of 2024. Furthermore, he pointed to the company's role in generating foreign currency revenues through contracts with international investors operating under unified and approved legal frameworks. The meeting underscored the government's continued commitment to supporting the national reclamation project as a foundation for agricultural development, rural stability, and long-term economic growth.
Daily News Egypt
21-07-2025
- Business
- Daily News Egypt
Egyptian Countryside Development chief discusses cooperation with Italian ambassador
Amr Abdel Wahab, Chairperson and Managing Director of the Egyptian Countryside Development Company, met with Michele Quaroni, the Italian Ambassador to Cairo, along with his accompanying delegation. Also attending the meeting was Venise Fayed, Advisor to the Chairperson and Head of Business Development at the company. The meeting aimed to enhance cooperation and exchange expertise in several key areas, notably contract farming, renewable energy generation, and irrigation water treatment. Talks explored potential partnerships between the national project to reclaim, cultivate and develop 1.5 million feddans and leading Italian firms specialising in sustainable agriculture, food processing, and green energy solutions. The goal is to draw on Italian expertise to support integrated development and maximise the potential of reclaimed lands. The two sides also reviewed the progress of agreements reached during the ambassador's previous visit to the company's headquarters, affirming their commitment to sustained coordination and to advancing both current and future joint projects. Both parties expressed appreciation for recent achievements and reiterated their shared commitment to strengthening strategic cooperation in a way that benefits both countries and the beneficiaries of the 1.5 million feddan project.
Daily News Egypt
15-07-2025
- Business
- Daily News Egypt
Egyptian Countryside Development explores cooperation with Kharafi NatEnergy
Amr Abdel Wahab, Chairperson and Managing Director of the Egyptian Countryside Development Company, met with a high-level delegation from the Kharafi NatEnergy Group to discuss potential avenues for cooperation in infrastructure, energy, and water projects. The visiting delegation was led by Samir Farag, Chairperson of the Group, and included Magdy El-Badry, Chairperson of Kharafi Electric Company—a subsidiary of the group—along with Ahmed Hawara, Head of Development and Sales. The meeting was also attended by Venise Fayid, Advisor to the Chairperson of the New Egyptian Countryside Development Company. During the meeting, Abdel Wahab gave an overview of the national project to develop 1.5 million feddans, outlining its strategic phases and the latest updates. He underscored the project's role as a pillar of Egypt's sustainable development strategy and highlighted major milestones already achieved on the ground. Abdel Wahab emphasized that the project stands as a testament to the government's efforts to turn the vision of political leadership into a tangible and transformative reality. He also noted the successful establishment of the project's core infrastructure using advanced technologies, including the full deployment of telecommunications and electricity networks across various sites within the 'New Egyptian Countryside.' The discussion explored areas of mutual interest between the Egyptian Countryside Development Company and Kharafi Electric, particularly in infrastructure development, energy generation, and water management. Both parties expressed a shared commitment to enhancing cooperation in support of the national initiative, which aims to unlock Egypt's agricultural and developmental potential through the cultivation and modernization of vast land areas. The Kharafi NatEnergy delegation commended the achievements made by the New Egyptian Countryside Development Company, praising the scale and speed of implementation. They recognized the 1.5 million feddan project as one of Egypt's most significant national endeavors with the capacity to drive sustainable growth and resource optimization. Samir Farag and the accompanying delegation reaffirmed their interest in establishing a fruitful partnership to support the rollout of energy projects on the project's lands. They highlighted the strategic importance of aligning with the country's broader vision for sustainable development as Egypt moves forward with its 'New Republic' initiative. Both sides concluded the meeting by stressing the importance of strengthening joint efforts and strategic collaboration to advance shared development goals and ensure the successful realization of Egypt's ambitious agricultural and infrastructure transformation.
Daily News Egypt
06-07-2025
- Business
- Daily News Egypt
Egypt, Poland discuss cooperation in agriculture, food industries
Amr Abdel Wahab, Chairperson and Managing Director of the Egyptian Countryside Development Company, received the Ambassador of Poland to Cairo, Michał Murkociński, and his accompanying delegation at the company's headquarters in Cairo. The meeting explored prospects for cooperation between Poland and Egypt's 1.5 Million Feddan Project—one of the region's largest sustainable agricultural initiatives. Discussions centred on partnerships with major Polish companies and institutions in the fields of agricultural mechanisation, smart farming, food processing, and sustainable development. The visit reflects the Egyptian Countryside Development Company's broader strategy to enhance international cooperation and attract foreign investment in support of the national project's goals. Among the key topics discussed were the transfer of Polish expertise in smart agriculture and the potential for joint manufacturing of advanced agricultural tractors in Egypt, combining local labour with Polish technology. The two sides also addressed opportunities for expanding renewable energy solutions across the project's territory, and strengthening agricultural value chains through food industry cooperation. The talks further considered the potential for partnerships between Polish companies and local investors, including young land beneficiaries, with the aim of boosting productivity and ensuring sustainable practices. Amr Abdel Wahab emphasised that the 1.5 Million Feddan Project offers vast opportunities for serious and mutually beneficial collaboration, describing it as a model for modern agricultural development grounded in scientific and economic principles. 'We look forward to cooperating with the Polish side in agricultural technology, renewable energy generation, and food processing. We welcome all efforts that drive development and contribute to achieving food security for Egypt and the region,' Abdel Wahab said. For his part, Ambassador Murkociński expressed admiration for the progress achieved by the Egyptian Countryside Development Company in recent months, praising the project's ambitious vision and expansion plans. 'Poland has deep expertise in advanced agriculture and natural resource management. We see strong opportunities for cooperation in both the short and medium term, particularly given the solid bilateral ties between Cairo and Warsaw,' the ambassador noted. Both parties highlighted the importance of continued technical and economic exchanges, agreeing that upcoming visits will help define operational frameworks for cooperation. These visits will also allow Polish companies to explore opportunities in agricultural infrastructure development across Egypt's new countryside. The meeting concluded with an agreement to form joint working groups to study investment opportunities presented by the Egyptian Countryside Development Company and to develop implementation plans for future collaboration across various components of the 1.5 Million Feddan Project.
Zawya
12-03-2025
- Business
- Zawya
Egypt launches new initiative for expats to invest in 1.5mln Feddan Project
In a bid to enhance investment opportunities for Egyptians abroad, the New Egyptian Countryside Development Company has launched a new initiative titled 'Your Farm in Egypt,' in collaboration with the Ministries of Foreign Affairs and Migration and Egyptians Abroad Affairs. The initiative aims to enable expatriates to participate in the 1.5 Million Feddan Project, one of Egypt's largest agricultural and developmental undertakings. A Memorandum of Understanding (MoU) was signed between the Egyptian Countryside Development Company, represented by Amr Abdel Wahab, Chairperson and Managing Director, and the Ministry of Foreign Affairs, represented by Nabil Habashi, Deputy Minister for Immigration and Egyptian Expatriates' Affairs. This strategic partnership is designed to facilitate the engagement of Egyptians abroad in agricultural investments, contributing to economic growth and reinforcing Egypt's food security strategy. Abdel Wahab emphasized that 'Your Farm in Egypt' aligns with the national vision of involving all segments of society in major development projects. The initiative offers a direct link between expatriates and Egypt's mega projects, granting them a unique opportunity to invest in the agricultural sector and take part in the country's ambitious land reclamation and cultivation efforts. The 1.5 Million Feddan Project is a key pillar in Egypt's plan to expand agricultural production, enhance food self-sufficiency, and boost rural development. Through this initiative, Egyptians abroad will be able to acquire agricultural lands and engage in various agricultural and developmental activities, thereby strengthening their ties with the homeland while supporting Egypt's economic and agricultural expansion. Abdel Wahab noted that the government is committed to easing the investment process for expatriates by providing agricultural land, technical support, and logistical assistance throughout all project stages. He also revealed that the Egyptian Countryside Development Company is preparing a series of additional initiatives to expand investment opportunities for Egyptians abroad. These upcoming initiatives, developed in partnership with the Ministry of Foreign Affairs and other state entities, will further encourage diaspora participation in national development efforts.
