Al-Sisi inaugurates New Delta project with investments nearing EGP 800bn

Egyptian President Abdel Fattah Al-Sisi inaugurated the New Delta agricultural project in Giza on Sunday. The initiative forms part of efforts to expand farmland and improve food security.

The project seeks to reclaim and cultivate approximately 2.2 million feddans using treated agricultural drainage water. It includes extensive infrastructure such as water pumping stations, roads and power facilities.

According to a statement from the Egyptian presidency, total investments have reached nearly EGP 800bn. Development costs range between EGP 350,000 and EGP 400,000 per feddan, and the project features around 12,000 kilometres of roads.

Al-Sisi noted that 19 major pumping stations and power stations with a combined capacity of around 2,000 megawatts were built. The effort is expected to create about two million sustainable job opportunities, with private sector companies handling cultivation.

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Prime Minister Mostafa Madbouly announced that the New Delta Project has expanded Egypt's cultivated land by more than 20 percent, speaking at a cabinet meeting held the same day President Abdel Fattah Al-Sisi inaugurated the major agricultural initiative in Giza Governorate.

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Egypt's Ministry of Water Resources and Irrigation has spotlighted major water projects in the Sinai Peninsula to boost agricultural expansion and food security, on Sinai Liberation Day. Water Minister Hani Sewilam stated that the government is advancing large-scale water management initiatives as part of a broader strategy for sustainable development in Sinai.

Delta Capital for Urban Development has signed a strategic partnership with Emirates Global Investment (EGRI) for mixed-use projects in Egypt worth an estimated $500m. The deal covers about 500 feddans in strategic locations. Construction is scheduled to start in 2027.

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The Ministry of Planning and Economic Development presented Egypt’s Economic and Social Development Plan for fiscal year 2026/27 to parliament on June 2. The plan targets total investments of EGP 3.7trn and gives the private sector a larger role.

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