Egyptian Countryside Development explores cooperation with Kharafi NatEnergy

Daily News Egypt
3 Min Read

Amr Abdel Wahab, Chairperson and Managing Director of the Egyptian Countryside Development Company, met with a high-level delegation from the Kharafi NatEnergy Group to discuss potential avenues for cooperation in infrastructure, energy, and water projects. The visiting delegation was led by Samir Farag, Chairperson of the Group, and included Magdy El-Badry, Chairperson of Kharafi Electric Company—a subsidiary of the group—along with Ahmed Hawara, Head of Development and Sales. The meeting was also attended by Venise Fayid, Advisor to the Chairperson of the New Egyptian Countryside Development Company.

During the meeting, Abdel Wahab gave an overview of the national project to develop 1.5 million feddans, outlining its strategic phases and the latest updates. He underscored the project’s role as a pillar of Egypt’s sustainable development strategy and highlighted major milestones already achieved on the ground. Abdel Wahab emphasized that the project stands as a testament to the government’s efforts to turn the vision of political leadership into a tangible and transformative reality.

He also noted the successful establishment of the project’s core infrastructure using advanced technologies, including the full deployment of telecommunications and electricity networks across various sites within the “New Egyptian Countryside.”

The discussion explored areas of mutual interest between the Egyptian Countryside Development Company and Kharafi Electric, particularly in infrastructure development, energy generation, and water management. Both parties expressed a shared commitment to enhancing cooperation in support of the national initiative, which aims to unlock Egypt’s agricultural and developmental potential through the cultivation and modernization of vast land areas.

The Kharafi NatEnergy delegation commended the achievements made by the New Egyptian Countryside Development Company, praising the scale and speed of implementation. They recognized the 1.5 million feddan project as one of Egypt’s most significant national endeavors with the capacity to drive sustainable growth and resource optimization.

Samir Farag and the accompanying delegation reaffirmed their interest in establishing a fruitful partnership to support the rollout of energy projects on the project’s lands. They highlighted the strategic importance of aligning with the country’s broader vision for sustainable development as Egypt moves forward with its “New Republic” initiative.

Both sides concluded the meeting by stressing the importance of strengthening joint efforts and strategic collaboration to advance shared development goals and ensure the successful realization of Egypt’s ambitious agricultural and infrastructure transformation.

 

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