Latest news with #NewAlameinCity
Zawya
a day ago
- Business
- Zawya
P.ZONE to install water features in CSCEC's landmarks in Egypt
Arab Finance: a leading aqua tech solutions provider, has signed a memorandum of understanding (MoU) with CSCEC International Construction Egypt a subsidiary of China State Construction Engineering Corporation in Egypt, as per an emailed press release. Under the signed MoU, will implement water features in CSCEC's landmark projects in Egypt. This collaboration comes as part of broader plan to advance national infrastructure and drive Egypt's sustainable economic growth. partnership with CSCEC began with the launch of the 'Downtown Lagoon' project in New Alamein City. Through this collaboration, will deliver comprehensive, end-to-end services covering design, civil works, electromechanical works, project management, and maintenance throughout the entire lifecycle of water-centric projects. Sherif ElSherbiny, Minister of Housing, Utilities and Urban Communities, recently signaled the start of the trial filling of the largest main lake within the 'Downtown Lagoon' project, designed by the Italian company Myrtha Pools. The goal of this phase is to test the waterproofing system, making it the first of the project's eleven lakes to enter trial operation. Spanning 15 feddans, this lake is distinguished by seven islands surrounded by a tourist promenade, as well as dedicated paths for bicycles and electric vehicles. 'The Downtown area of New Alamein City serves as a cornerstone of the state's vision to build globally competitive smart cities, under an integrated urban masterplan spanning approximately 49,000 feddans,' Amr Khattab, Infrastructure General Manager & Spokesperson for the Egyptian Ministry of Housing, Utilities, and Urban Communities, said. Commenting on the partnership, Hesham El Batrawi, Founder and CEO of stated: 'This partnership strengthens project portfolio, which has exceeded EGP 1.5 billion during the 2024–2025 fiscal year. These projects are distinguished by the application of value engineering principles at every stage, ensuring that environmental responsibility aligns with long-term value creation.' On his part, Mr. Chenwei, General Manager of CSCEC International North Africa, stated: "The signing of the MoU between CSCEC and Pzone is not only a deep integration of resources but also a significant strategic deployment to build technical barriers and enhance market competitiveness in the fields of artificial lake systems, waterscape engineering, and ancillary facilities." © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
a day ago
- Business
- Zawya
Egypt: P.ZONE, CSCEC International sign deal to advance major water projects
Egypt - an aqua tech solutions provider, has signed a Memorandum of Understanding (MoU) with CSCEC International Construction Egypt Co. Ltd. (SSC)—a subsidiary of China State Construction Engineering Corporation—to deliver water features in CSCEC's landmark projects across Egypt. This collaboration aligns with wider strategy to support national infrastructure development and promote Egypt's sustainable economic growth. As part of this partnership, has commenced work on the Downtown Lagoon project in New Alamein City. The company will offer comprehensive end-to-end services, including design, civil works, electromechanical works, project management, and long-term maintenance for water-centric developments. Sherif ElSherbiny, Minister of Housing, Utilities and Urban Communities, recently inaugurated the trial filling of the largest main lake within the Downtown Lagoon project, designed by Italian firm Myrtha Pools. This phase aims to test the waterproofing system, marking the first of eleven lakes to enter trial operation. Covering an area of 15 feddans, the lake is distinguished by seven islands encircled by a tourist promenade and dedicated paths for bicycles and electric vehicles. Amr Khattab, Infrastructure General Manager and Spokesperson for the Egyptian Ministry of Housing, Utilities and Urban Communities, underscored the partnership's strategic importance: 'The Downtown area of New Alamein City is central to the state's vision of building globally competitive smart cities under a masterplan covering around 49,000 feddans. Developing the lagoons is a key part of our efforts to boost tourism and urban infrastructure on the North Coast. This helps maximize the area's contribution to the national economy, transforming it into a premier destination for tourism, residential living, and logistics. Collaborations with specialized entities like CSCEC and embody the synergy needed to achieve top-tier quality and sustainability.' Commenting on the MoU, Hesham El Batrawi, Founder and CEO of said: 'We are proud to partner with CSCEC, one of China's largest investment and construction groups. Through this project, we aim to implement innovative solutions that advance resource sustainability, create new jobs, and attract further investment. We also look forward to similar collaborations in the future.' He added: 'This partnership strengthens project portfolio, which has surpassed EGP 1.5 billion in the 2024–2025 fiscal year. Our projects stand out by applying value engineering principles at every stage, ensuring environmental responsibility goes hand-in-hand with long-term value creation.' Chenwei, General Manager of CSCEC International North Africa, praised role in the Downtown Lagoon Project, stating: 'The signing of this MoU between CSCEC and represents not just a resource integration, but a strategic step to build technical advantages and enhance market competitiveness in artificial lake systems, waterscape engineering, and related facilities.' Notably, also engages in leading international and local exhibitions—such as WATREX 2025 and the Egyptian Leisure Exhibition—to foster dialogue around smart infrastructure. This contributes to maximizing the value of water as a vital resource and promoting sustainable consumption for Egypt's future. © 2024 Daily News Egypt. Provided by SyndiGate Media Inc. (
Zawya
2 days ago
- Business
- Zawya
Egypt's PM inspects Downtown Towers, Lagoons project in New Alamein
Egyptian Prime Minister Mostafa Madbouly on Sunday inspected the Downtown Towers and Downtown Lagoons projects in New Alamein City to review their progress, his office said. Following meetings at the government's headquarters in the new coastal city, Madbouly toured the sites accompanied by Minister of Housing, Utilities, and Urban Communities, Sherif El-Sherbiny, and other ministry officials. At the Downtown Towers project, Madbouly said the aim was to make the area one of the most famous and attractive destinations globally and locally, through unique architectural designs situated around a lakes area. He added that the area would embody sustainability and the characteristics of a smart city with international standards. The housing minister explained that the project is being implemented by the Chinese company CSCEC, similar to the Central Business District towers in the New Administrative Capital. The project includes the construction of five fully-finished residential towers, featuring an 'iconic' tower 250 metres high (68 storeys) and four other towers each 200 metres high (56 storeys). Madbouly also reviewed the progress of the Downtown Lagoons project, which is situated between the towers. El-Sherbiny explained that the trial filling of the largest of the project's 11 lakes has begun to test its equipment, components, insulation, and engineering works. He noted that the project also includes islands, a tourist promenade, and paths for bicycles and electric cars. © 2024 Daily News Egypt. Provided by SyndiGate Media Inc. (
Zawya
7 days ago
- Business
- Zawya
Majid Al Futtaim expands footprint in Egypt with first Carrefour store opening in New Alamein City
Cairo, Egypt: Majid Al Futtaim, which owns the exclusive rights to operate Carrefour in Egypt, announced the opening of its first Carrefour store in New Alamein City, located in the newly inaugurated North Square Mall. This expansion is part of the company's strategy to broaden its presence in key locations across Egypt, addressing growing customer needs for enhanced accessibility to retail outlets in new destinations. It also aligns with Majid Al Futtaim's commitment to supporting local communities by driving economic empowerment, community growth and local job creation. The opening ceremony was led by Mohamed Khafaga, Country Manager of Majid Al Futtaim Retail in Egypt, and George Metry, Chairman of Counsel Masters, among other senior officials and key representatives from both parties. Commenting on the opening, Mohamed Khafaga, Country Manager of Majid Al Futtaim Retail in Egypt, stated: 'This store marks a strategic step in reinforcing our commitment to Egypt's forward-looking national agendas, most notably Egypt Vision 2030 and the Urban Development Vision 2052. Our presence in New Alamein City reflects our confidence in its role as a model for modern urban development and sustainable growth, as well as its standing as a key investment destination and an emerging regional hub that brings together communities, tourism, and businesses.' He added: 'Through this expansion, we aim to deliver an enhanced shopping experience that increases accessibility and meets the evolving aspirations of Egyptian families. We remain committed to integrating the latest retail innovations and service standards to ensure a value-driven, smart and enjoyable shopping experience, while leading an impactful role in the economic prosperity of Egypt, supporting sustainable development efforts through creating job opportunities, partnering with local suppliers, and empowering food security through more robust local supply chains.' Mr. George Metry, Chairman of Counsel Masters, stated: 'The opening of Carrefour at North Square marks a new strategic milestone and reflects our ongoing commitment at Counsel Masters to attract partners who bring real value to both the destination and the daily lives of New Alamein residents. Carrefour's presence at North Square is not only a testament to the mall's growing status, but also a key addition that meets essential needs for residents and visitors—during the summer season and, very soon, throughout the entire year—through a high-quality, diverse retail experience.' Carrefour's increased footprint has also presented new opportunities for more than 800 local farmers, SMEs, and manufacturers to grow their business to accommodate the increased demand. Currently local sourcing accounts for a remarkable 99 per cent of total supply chain for Carrefour Egypt. The New Alamein store will also secure 140 direct and indirect job opportunities for Egyptians. The new store offers a wide selection of high-quality products at competitive prices. With over 5,000 items available, the store features fresh and frozen food, baked goods, and household essentials.
