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PM Reviews Private Sector Partnership Model for Projects in New Cities

New alamein city: Prime Minister Mostafa Madbouly chaired a meeting at the government headquarters in New Alamein City to discuss the implementation of electricity projects in new urban communities under a public-private partnership (PPP) framework. The meeting aimed to explore the roles of private sector partnerships in the development of infrastructure within these new cities.

According to State Information Service Egypt, the meeting was attended by Housing Minister Sherif El-Sherbiny, Electricity Minister Mahmoud Essmat (via video conference), and senior officials. The discussions centered around the mechanisms for financing, designing, constructing, operating, and maintaining power transformer stations and distribution networks in cities managed by the New Urban Communities Authority (NUCA).

Cabinet Spokesman Mohamed El-Homosany stated that the focus of the meeting was on NUCA's procedures to invite consortiums to submit pre-qualification bids for electricity projects in new cities. These efforts are supported by technical input from the Finance Ministry's central PPP unit. The transformer stations will be executed following designs approved by the Egyptian Electricity Transmission Company (EETC) and under its supervision. Private operators are expected to contract with EETC under two separate agreements: one for operation and maintenance, and another for energy supply, based on templates prepared by the Egyptian Electric Utility and Consumer Protection Regulatory Agency.

The meeting also reviewed several approved projects, which include five transformer stations in 10th of Ramadan and New Cairo already awarded to companies. Additionally, six exploitation projects are underway in New Mansoura, New Aswan, New October, Sadat City, and 6th of October. There are also five new construction projects planned for 6th of October, Sheikh Zayed, New Borg El-Arab, and 10th of Ramadan.

Prime Minister Madbouly emphasized the significance of private sector involvement in infrastructure projects to accelerate delivery, reduce the burden on the state budget, and ensure higher standards in management, operation, and maintenance.

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