The Egyptian government announced on Aug. 28 a massive budget worth 275 billion Egyptian pounds ($15.4 billion) to carry out developmental projects in the Sinai Peninsula until 2022, as part of efforts aimed at fighting an Islamist insurgency in that unstable part of the country and improving living standards for its residents.
In the government announcement, Minister of Planning Hala el-Saeed said that the Egyptian government is planning to establish fish farms spanning an area of 15,590 feddans (16,179 acres) in the Suez Canal area, construct a natural lake and an industrial zone in Port Said, and build about 10 roads at a total length of 1,339 kilometers (8332 miles) in the Sinai Peninsula.
The planned projects also include the building of a number of residential units, 15 hospitals and health units, and the establishment and upgrading of 53 schools, a university and an educational institute in Sinai, according to the planning minister.
Saeed said a total of 54 water supply projects would be carried out in the North Sinai governorate, adding that al-Arish and Sharm el-Sheikh airports, in addition to the industrial zone for glass and marble in central Sinai, would be developed and upgraded. A total of 400,000 feddans of land would also be reclaimed in the North Sinai governorate, and electricity networks along the roads in the governorate's towns would be installed, he added.
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