Egypt’s Prime Minister Mostafa Madbouly met with Adel Saeed, the Chairperson of the General Authority for the Economic Zone of the Golden Triangle, to follow up on the development project of the Golden Triangle in the Eastern Desert.
The Sunday meeting took place at the Cabinet’s headquarters in New Alamein City.
Madbouly reaffirmed the Egyptian state’s commitment to the success of its plans to develop the region, and directed that one of the areas in Safaga be focused on as a top priority. He also ordered the calculation of the cost of providing facilities to this area to begin implementing the facilities plan.
Saeed explained the investment opportunities in the economic zone through a study prepared by a specialized company in this field. He pointed out that the region has been divided into several activities, including industrial, agricultural, tourism, and renewable energy.
The Golden Triangle is a new economic zone located between Qena, Safaga, and Al Qusair. It is considered one of the richest areas in mining sources in Egypt, accounting for 75% of the country’s mining minerals.
Source: www.zawya.com
