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Investment Opportunities
Upper Egypt- Red Sea Road (Sohag / Safaga)

Sector
:Integrated development Sector

Location
: On a differnt sites (Assuit/ Sohag/ Qena/ Red Sea)

Sponsor
: Ministry of Investment

Proposed Activities
: Establish a road with a total length of the two way road is 414.65 Km the route passes by through 4 Governorates (Assuit/ Sohag/ Qena/ Red Sea) In the Agriculture sector: in Qena Valley (Land reclamation): 7841 acres with an investment cost 105 million EGP. 5 Ares in Asiut Valley (Land reclamation): 28309 acres with an investment cost 120 million EGP. Abu Sheih Valley (Land reclamation): 8713 acres with an investment cost 60 million EGP. East of Suhag (Land reclamation): 3716 acres with an investment cost 27 million EGP. East Awlad El Tooq (Land reclamation): 8400 acres with an investment cost 48 million EGP. In Services and Trade sector: - Establish a Dry port 3 in East of Qena Link with length 250 acres and with an investment cost 250 Million EGP. - Establish a Dry port 2 in East of Suhag Link with length 250 acres and with an investment cost 250 Million EGP. - Establish a Dry port 1 in Area of El Assiut valley with length 250 acres and with an investment cost 250 Million EGP. Industry & Mining sector: - Establish a Center for mining and metal industries in West of Safaga with length 250 acres and with an investment cost 250 Million EGP. - Establish a Center for construction materials and cement industries in Mataheer Industrial Zone- East of sohag link with length 52279 acres and with an investment cost 250 Million EGP. - Establish a Center for mining and metal industries in East of Asiut link with length 108 acres and with an investment cost 250 Million EGP. - Establish a Center for construction materials and cement industries in Lime Mount zone - East of Quena link with length 60530 acres and with an investment cost 250 Million EGP. Tourism development &Regional services sector: - Establish a Center for service and environment tourism in Hinterland between Safaga cities with area 2523 acres and with an investment cost 250 Million EGP. - Establish a Regional Services and environmental tourism in South Sohag Link with area 4357 acres with an investment cost 250 Million EGP
Investment Cost
: 1600 Million EGP (1st phase)
Status
: One side of the road has been finished in Feb. 2010 and the other side is in process of completion.