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    BREAKING NEWS
    $100 Billion in Investment is needle for the Modernization and Harmonization of Regulatory Framework to boost Africa’s established Broadband Coverage by 2030
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    In an overture to enhance an Infrastructure attainment, Egypt approved outstanding program since 2015 in the road nuclei, Prime Minister Mostafa Madbouli disclosed

    Posted On 29 Jul 2021
    By : New Africa Business News, Staff Correspondent
    Comments: 8

    By Abdul Rahman Bangura–

    Photo Credit: Al-Monitor

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The Economist, in its analysis on the Egyptian financial circumstance in July, substantiated that, the ceaseless improvement in the Egyptian administration’s spending on roads and infrastructure has a very huge consequence on monetary expansion and giving development chances oppositely in all fields, as a result of roads are the highways of advancement for all nations in the world. He expanded during an assessment excursion of development work in new axes and roads in Alexandria, in the presence of President Abdel Fattah El Sisi.

    The area from West of Alexandria to Salloum symbolizes the actual destiny to hold the hugest population upswing in Egypt. The 2052 Urban Development proposal, presumes this region, and its desert hinterland to absorb over a third of the population increase nationwide, he strengthened.

    Egypt has built 7,000 km of main new axes, in proliferation to boosting the efficiency of 5,000 km of current highways, Madbouli disclosed. The reconstruction axis is one of the development axes of the Northwestern Coast within the receptacle of the growth of Egypt in general, Prime Minister Mostafa Madbouli meant.

    In the Delta Egypt project, the new delta area was set at 1.7 million feddans, he added. With the new canals and drains network in the Southwestern of the reconstruction axis and its expansions occurs, because it will give a prospect connection to shove all products from the new delta area to the main ports of export, such as Dekheila,
    Alexandria and Abu Qir, the Prime Minister spoken.

     

     

    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

    Email: Info@newafricabusinessnews.com

    AFRICA’S MOST READ AND FASTEST GROWING GLOBAL NEWSPAPER – www.newafricabusinessnews.com

    About the Author
    New Africa Business News Staff Correspondent
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    8 Comments

    1. Samuel July 29, 2021 at 10:57 am Reply

      Thank you for the reports. Good roads are very important for our businesses and increase our quality of life. Abuja NIGERIA. Samuel

      • New Africa Business News, Staff Correspondent July 29, 2021 at 11:07 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Joseph July 29, 2021 at 10:59 am Reply

      Love the daily newsletters. Nairobi Kenya. Joseph

      • New Africa Business News, Staff Correspondent July 29, 2021 at 11:06 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Ahmed July 29, 2021 at 11:01 am Reply

      Investing on good roads are extremely important for any Country’s economic. Cairo Egypt. Ahmed

      • New Africa Business News, Staff Correspondent July 29, 2021 at 11:06 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Daniel July 29, 2021 at 11:04 am Reply

      Most of our countries are investing heavily on roads and transportation, which are very good. Lusaka in Zambia. Daniel

      • New Africa Business News, Staff Correspondent July 29, 2021 at 11:06 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

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