A dense creation of a lawsuit in Upper Egypt is noticeable, with an area of about 9,000 square kilometers, where the fetus is born, grows up, and lives enjoying some proposals in a healthy and sustainable environment through the stages of project development and what is required to be open to the proposal. The proposed can be noted for investing in other models in Egypt.
Working to attract investments (global/local) to implement development projects in all fields and activate integration between various activities to achieve a development return for the targeted areas, while investing in human and natural resources and the elements of excellence to enhance balanced spatial development in the Upper Egypt governorates.
In the Name of God, the Most Gracious, the Most Merciful
“And say, 'Work, for God will see your work, and [so will] His Messenger and the believers.'”
God's Word is true.
The state's interest in Upper Egypt has been evident since His Excellency President Abdel Fattah El-Sisi assumed the presidency in 2014. His directives were to realize the dream of our children and families in the Upper Egypt governorates, providing a decent life and a promising future that achieves prosperity and well-being for the governorates. His first decision was Presidential Decree No. 341 of 2017 establishing the Golden Triangle Economic Zone (Quseir, Safaga, Qena, and Qift). This zone is subject to Law No. 83 of 2002, as amended by Law No. 27 of 2015, regarding special economic zones. It is worth noting that the region boasts numerous developmental assets, such as mineral wealth and a strategic geographic location, placing it at the forefront of the region. Economic Zones Relying on Sustainable Development Axis
Prime Ministerial Decree No. 1788 of 2017 established the General Authority for the Golden Triangle Economic Zone, a public legal entity under the Prime Minister's authority. The Authority will be responsible for implementing economic and development projects to achieve integrated and sustainable development in accordance with Egypt's 2030 Strategy, through a vision, objectives, and implementation steps in Upper Egypt. Its most important objective is to involve Upper Egyptians in the implementation of development projects.
The Golden Triangle region, which covers an area of approximately 2.2 million acres, boasts sustainable development potential due to its strategic location overlooking the Red Sea, an 80-km-long coastline, and the Safaga Port. It is bordered by a network of paved roads that facilitate logistics operations, and its proximity to three airports (Hurghada Airport, Aswan Airport, and Marsa Alam Airport).
Given the mineral wealth of Egypt's Eastern Desert, particularly in the area bordering the Safaga-Qena axis to the north and the Quseir-Qift axis to the south, and the political leadership's desire to develop Upper Egypt through the implementation of a series of economic projects with lucrative and direct economic returns, including mineral extraction projects and the establishment of value-added industries based on these raw materials.
According to a study conducted by Dappolonia over 2015-2016, the study outlined a 30-year development plan for the region, to be implemented in five phases. The first four phases will last five years, while the final phases will last ten years. The goal is to create approximately 350,000 job opportunities over the project's lifetime.
Introduction to the Golden Triangle Project
Issuance of a Republican Decree and a Prime Minister's Decision
Chairman of the Authority
Vice Chairman of the Authority
Red Sea Governor
Governor of Qena
Representative of the Ministry of Defense - Chairman of the Board of Directors of the Egyptian Company for Mining, Quarrying and Salt Management
Director of the National Center for State Land Use Planning
Permanent Undersecretary at the Ministry of Electricity and Renewable Energy
Chairman of the Financial Regulatory Authority
Professor at the Faculty of Law, Cairo University
Vice Chairman of the Board of Directors of Qatar National Bank Al Ahli
Executive Director of the Nahda Center for Engineering Studies and Consultations - Nahda University
CEO and Managing Director of the Holding Company for Financial Investments
Executive Director of the General Authority for Reconstruction Projects and Agricultural Development
The head of the mining industry and the mining industry
Chairman of the General Authority for Industrial Development
General manager of urban planning
Chairman of the Authority
The green economy emerged as a response to numerous global crises. It generally aims to achieve economic development by implementing numerous environmentally friendly projects and utilizing new technologies in the fields of renewable and clean energy. It calls for transforming existing sectors into green economies and changing unsustainable consumption patterns. This creates new job opportunities with the goal of reducing poverty, while also reducing energy intensity and resource consumption and production.
There is a complementary relationship between the green economy and sustainable development. The green economy is considered one of the mechanisms for stimulating the global economy and thus achieving sustainable development. This is achieved by creating a kind of integration between economic growth, sustainable development, and environmental protection. This leads to a positive impact of the green economy on economic growth, through increased investments aimed at reducing carbon emissions, increasing energy efficiency, and reducing environmental degradation. Green projects are also expanded through the establishment of new economic development projects focused on the environmental dimension, which contributes to encouraging near-carbon-free activities. This is in addition to developing a strategy for low-carbon industrial development and expanding the use of renewable energy in the industrial sector.
The green economy and clean energy sources are a mechanism for attracting more foreign investment in the renewable energy sector, contributing to achieving sustainable development in Egypt across its four dimensions: economic, social, environmental, and technological. Egypt is among the first countries to attract investments in clean energy (solar and wind) on the African continent, in line with the global pace of mitigating climate change.
It is worth noting that the Golden Triangle contains two new and renewable energy (solar energy) zones in the cities of Qena and Qift. These zones will include solar energy projects using photovoltaic panels, which can generate a total energy capacity of approximately 3 gigawatts per zone. The goal is also to utilize organic farming and modern irrigation methods. The Golden Triangle includes four agricultural zones distributed across the cities of Quseir, Qena, and Qift. The implementation of these proposed measures and policies will enable Egypt to enhance the sustainable competitiveness of the green economy.
The Golden Triangle Economic Zone Authority plays a vital role in governance by adopting a flexible approach to investment. It provides an attractive investment environment, including simplified laws and procedures and investment incentives to attract international and local companies to implement investment projects in the Golden Triangle region, with diverse activities ranging from industrial, logistical, agricultural, and tourism. It also focuses on attracting strategic industries, stimulating local production, and reducing the import bill, thus supporting the country's development and economic goals.
The green economy emerged as a response to numerous global crises. It generally aims to achieve economic development by implementing numerous environmentally friendly projects and utilizing new technologies in the fields of renewable and clean energy. It calls for transforming existing sectors into green economies and changing unsustainable consumption patterns. This creates new job opportunities with the goal of reducing poverty, while also reducing energy intensity and resource consumption and production.
There is a complementary relationship between the green economy and sustainable development. The green economy is considered one of the mechanisms for stimulating the global economy and thus achieving sustainable development. This is achieved by creating a kind of integration between economic growth, sustainable development, and environmental protection. This leads to a positive impact of the green economy on economic growth, through increased investments aimed at reducing carbon emissions, increasing energy efficiency, and reducing environmental degradation. Green projects are also expanded through the establishment of new economic development projects focused on the environmental dimension, which contributes to encouraging near-carbon-free activities. This is in addition to developing a strategy for low-carbon industrial development and expanding the use of renewable energy in the industrial sector.
The green economy and clean energy sources are a mechanism for attracting more foreign investment in the renewable energy sector, contributing to achieving sustainable development in Egypt across its four dimensions: economic, social, environmental, and technological. Egypt is among the first countries to attract investments in clean energy (solar and wind) on the African continent, in line with the global pace of mitigating climate change.
It is worth noting that the Golden Triangle contains two new and renewable energy (solar energy) zones in the cities of Qena and Qift. These zones will include solar energy projects using photovoltaic panels, which can generate a total energy capacity of approximately 3 gigawatts per zone. The goal is also to utilize organic farming and modern irrigation methods. The Golden Triangle includes four agricultural zones distributed across the cities of Quseir, Qena, and Qift. The implementation of these proposed measures and policies will enable Egypt to enhance the sustainable competitiveness of the green economy.
The Golden Triangle Economic Zone Authority plays a vital role in governance by adopting a flexible approach to investment. It provides an attractive investment environment, including simplified laws and procedures and investment incentives to attract international and local companies to implement investment projects in the Golden Triangle region, with diverse activities ranging from industrial, logistical, agricultural, and tourism. It also focuses on attracting strategic industries, stimulating local production, and reducing the import bill, thus supporting the country's development and economic goals.
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