FEB con­trib­uted EGP 35m to the de­vel­op­ment of Khe­di­val Cairo

Civil so­ci­ety or­gan­i­sa­tions con­trib­uted EGP 45m, says Cairo gover­nor

The Daily News Egypt - - Business - By Ab­del Razek Al-Shuwekhi

A bank of­fi­cial said that the Fed­er­a­tion of Egyp­tian Banks (FEB) con­trib­uted EGP 35m of the EGP 115m to­tal in­vest­ments re­quired for the de­vel­op­ment of Khe­di­val Cairo.

The of­fi­cial, who wished to re­main anony­mous, added that the FEB con­tin­ues to con­trib­ute to the de­vel­op­ment of the lo­cal com­mu­nity, whether in Cairo or other gov­er­norates, es­pe­cially the poor gov­er­norates in Up­per Egypt.

Cairo’s Gover­nor, Atef Ab­del Hamid, said that the de­vel­op­ment project costs some EGP 115m, of which the civil so­ci­ety con­trib­uted by EGP 45m, while the re­main­ing amount was paid by the gover­norate.

Cairo Gover­norate is tar­get­ing de­vel­op­ment of 500 real es­tate in Down­town, Cairo built dur­ing the era of Mo­hammed Ali’s fam­ily. About 200 of them have been com­pleted.

Ab­del Hamid added that the gover­norate aims to make Cairo one of the most beau­ti­ful cities in the Mid­dle East through pre­serv­ing its his­toric build­ings in the com­ing pe­riod.

More­over, he ex­plained that the goveno­rate has de­vel­oped a new sys­tem to mon­i­tor dif­fer­ent neigh­bour­hoods to im­prove the clean­li­ness of the city and solve cit­i­zens’ prob­lems. It has also de­vel­oped 17 tech­no­log­i­cal cen­tres in dif­fer­ent dis­trict, leav­ing to be de­vel­oped and will com­plete them in the com­ing pe­riod.

He pointed out that the gover­norate signed an agree­ment with efi­nance to col­lect bills from cit­i­zens elec­tron­i­cally, thus sav­ing time and ef­forts.

Min­is­ter of Lo­cal De­vel­op­ment, Hisham El Sherif, said that the min­istry will carry out tours in var­i­ous Egyp­tian gov­er­norates dur­ing the cur­rent pe­riod to find out how to re­spond to the re­quests of cit­i­zens and solve the prob­lems they face as well as to ad­dress the vi­o­la­tions of build­ings or road works.

El Sherif hon­oured the ex­ec­u­tive lead­ers in the var­i­ous prov­inces last Tues­day with the pay­ment of two months bonus to the dis­tin­guished lead­ers of lo­cal coun­cils of neigh­bour­hoods.

Cairo’s gover­nor, Atef Ab­del Hamid

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