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Egypt to spend EGP 160B to reclaim 500,000 feddans in Sinai

Egypt to spend EGP 160B to reclaim 500,000 feddans in Sinai

ArabFinance: Egypt’s President Abdel Fattah El-Sisi revealed that Egypt needs to spend EGP 160 billion to reclaim around 500,000 feddans in Sinai, noting that the reclamation of each feddan costs EGP 300,000.

The announcement took place on the sidelines of opening the water treatment plant of Bahr Al-Baqar, the largest of its kind worldwide.

Additionally, Prime Minister Mostafa Madbouly said that the country aims to cultivate 670,000 feddans in Sinai, noting that Sinai currently has 200,000 feddans of cultivated land.

 

 

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04 Oct 2021
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