Egyptian Government Approves 8 Decisions on Water Desalination, Logistics, and Investment
The Egyptian Cabinet, headed by Mostafa Madbouly, approved 8 decisions, including land for desalination plants west of Port Said, a logistics zone near the Salloum border crossing, and a capital increase for a state-owned company.
In its meeting on October 14, 2026, the Egyptian Cabinet, chaired by Prime Minister Mostafa Madbouly, approved eight decisions covering the desalination, logistics, and investment sectors.
The decisions included allocating approximately 69.26 feddans west of Port Said to establish water desalination plants, and granting a 30-year license for an area of 652 feddans adjacent to the Salloum border crossing to establish a logistics zone.
The Cabinet also approved increasing the capital of the National Asset Management Company by EGP 50 million, a draft presidential decree, and paying compensation linked to the high-speed train project.
Additionally, the Cabinet authorized the establishment of the Sadat Dry and Land Port Company in Menoufia Governorate to construct, manage, and operate the dry port, and approved negotiations between the Urban Development Fund and an international company to manage and operate 9 towers comprising about 432 hotel units in the "Fustat View" project for 15 years. The Cabinet also approved the decisions of the Ministerial Engineering Committee to award 17 projects and increase work orders for 42 projects.
What do these terms mean?
Feddan: A unit of land area measurement in Egypt, equal to about 4,200 square meters.
Water Desalination: The removal of salts from seawater or groundwater to make it suitable for drinking or use.
Logistics Zone: An area designated for shipping, storage, distribution, and transportation activities near ports and border crossings.
Capital: Funds owned or raised by a commercial entity to conduct its business and investments.
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