Protocols signed with 19 investors for 600,000 feddans

Irrigation Minister Hossam Moghazi on Monday said protocols have been signed with 19 investors during the EEDC for about 600,000 feddans.
In a meeting with his ministry's officials, the minister said new projects will be released in the next stage after completing their feasibility studies.
Moghazi added that the EEDC's results were fruitful and exceeded all expectations.
The Irrigation Ministry put forward four projects during the EEDC, including the "Green City" that aims at making use of alternative and renewable energy sources, the minister said.
The reclamation projects of one million feddans and the use of solar power projects were floated during the conference, he added.
The ministry's plans to transform Aswan Governorate into a logistics center for exchanging commodities among the Nile Basin countries were also floated, he added.
On Sunday, the Egyptian petroleum and irrigation ministries signed a deal to drill 240 wells at a cost of EGP 800 million to be run by solar power, as part of the one-million-feddan reclamation project.
Source: MENA