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Eng. Atef Helmy, Egyptian Telecom Minister revealed that the Ministry will meet officials in the New Urban Communities Authority (NUCA), aiming to allocate 120 feddans so as to launch a technological zone in Borg al-Arab in Alexandria.
He explained that the project will be offered through the PPP system, the government will bear 15% of the cost, expecting that the total investment would be up to EGP 5 billion.
Minister Helmy said his ministry will review the project to the Cabinet after reaching an agreement with the Housing Ministry.
