During the meeting, the Minister stressed that the "Decent Life" initiative, launched by President Abdel Fattah El-Sisi, represents an unprecedented development model in the comprehensive economic and urban development process, due to its direct impact on improving the quality of life for millions of citizens.
He emphasized the need to accelerate implementation rates
and complete the remaining projects according to the highest quality standards.
Engineer Shimi added that the Ministry of Public Business
Sector prioritizes enhancing the developmental role of its affiliated companies
and their active participation in implementing major national projects. This
contributes to raising infrastructure efficiency and improving service levels
across various governorates, supporting the state’s vision for advancing rural
Egypt and achieving sustainable development, while positively impacting the
quality of life for millions of Egyptians and consolidating the foundations of
the New Republic.
The executive report presented on the 737 projects being
implemented by subsidiary companies within the first phase of the Decent Life
Initiative indicated that most projects have been completed, with significant
progress achieved in the remaining projects, which are nearing their final
stages. These projects include the construction of drinking water and
wastewater networks, treatment plants, pumping stations, gravity sewer
networks, and various service buildings across 13 governorates, with an
estimated total cost of approximately EGP 22.5 billion.
The meeting was attended by Major General Engineer Mohamed
Mostafa, Chairman of the Holding Company for Construction and Development, and
Naglaa Dagher, Advisor to the Minister, along with the managing executives of
the subsidiary contracting companies. They reviewed the implementation rates
and discussed mechanisms to expedite work while fully adhering to technical
specifications and quality standards.
The projects are being executed by major national
contracting companies affiliated with the Holding Company for Construction and
Development: Nasr General Contracting (Hassan Allam), Egyptian Contracting (Moukhtar
Ibrahim), Egyptian Contracting Company (Al-Abd), Nasr Buildings and
Construction (EGYCO), and Misr for Reinforced Concrete Works.