Establishing an Egyptian city for technology of 70 million L.E investments
Egypt, Economics, 3/13/2000

The Egyptian government started in cooperation with numerous private sector companies executive steps to establish the Mubarak City for Technology in Borg El-Arab city (15 kilometers south of Alexandria) with investments reaching 70 million LE.

The city will comprise 12 areas for studies and research centers to work in three main fields, which are the genetics, data technology and developing advanced technology, in addition to a specialized institute to prepare systematic sessions for graduating personnel to use the modern technology.

Hasan Moawad, head of the project, said the city will be equipped with all technical equipment and modern methods to be one of the largest centers for developing technology in the world.

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