At its meeting today, led by Dr. Mostafa Madbouly, the Cabinet approved a number of decisions, including:
The Council of Ministers agreed to propose a complementary phase to the eighth phase of the “Casa della Patria” project (the lands of Egyptians residing abroad); This is to satisfy the demands of the blockers in the project and the desire of many of them to offer distinct areas and to benefit as much as possible from inbound foreign currency transfers.
The Council also decided to present the project to the Guardians on a permanent basis through the Guardians website, which includes the various theses and projects of the Authority for New Urban Communities, as part of the implementation by the State of many economic measures. that would encourage foreign investment, provided that this is done in light of several conditions, including that the price of a square meter of land is set in Egyptian pounds and the payment is made in foreign currency (dollars), according to the average price in dollars during the two weeks prior to the offer, or for the payment of installments, and the price is assessed through the Central Bank of Egypt, and that the barrier has Egyptian nationality, and other conditions to be announced, and the New Urban Communities Authority is responsible for fixing prices, according to the prices in force in the Authority.
The Council of Ministers approved a draft decision by the Presidency of the Council of Ministers to modify some provisions of the executive regulation of the Law on the organization of the university promulgated by law no. 49 of 1972, and the amendment established that “without prejudice to the stable legal positions of students enrolled in the Faculty of Computer and Information at Fayoum University prior to the issuance of this decision, the name of the College of Computers and Information was changed to become the College of Computing and Artificial Intelligence.
The Council of Ministers approved a draft decision on the license to issue five pound silver commemorative coins, on the occasion of the awareness campaign to combat and prevent illegal immigration and human trafficking.
The draft resolution provides that the Minister of Finance may issue a five-pound silver commemorative coin bearing the slogan “Together against trafficking in human beings”, according to technical specifications and models, provided that the selling price at the the interior of the Arab Republic of Egypt is fixed to a piece of commemorative coin at a price of 435 pounds, and that the minting of these coins will take place in stages according to the real needs of the market.
The Council of Ministers approved the applications presented by companies operating in the field of construction and construction of relaunch towers for the mobile network; Establish mobile phone network link towers for 152 projects in 20 governorates, treating these projects as charitable projects, in accordance with relevant requirements and controls.
The Council of Ministers approved the decisions and recommendations issued by the meeting of the Ministerial Committee for the settlement of investment disputes (the ninety-first session), held on 10 October last, on 25 issues.
He instructed the Prime Minister to prepare a report on the position of implementation of the decisions of this committee, as part of the government’s efforts to solve the investor problem, and to facilitate procedures.
The Council of Ministers approved the draft decision of the President to allocate two plots of land privately owned by the state, in the governorates of Aswan and Assiut, in favor of the Ministry of Electricity and Renewable Energy, the first with an area of 21.43 acres in the Aswan Basin; To be used in setting up a switching station with a voltage of 500 kV, and the second with an area of 400 square meters in Assiut; To be used in setting up a switchboard for the distribution of electricity.
The Council of Ministers approved a draft decision by the President of the Republic to reallocate an area of 2,500 square meters of privately owned land, in the Hurghada area, in favor of the Red Sea Governorate; To be used in the construction of a gas pressure reduction and odor addition station, connected to natural gas services, to feed the areas of Makadi Bay, Sahl Hasheesh and Sharm El-Naqah, transferring from the land assigned to the General Authority for tourism development.
– The Council of Ministers approved the outcome of the study of the Ministry of Finance regarding the request of the Governorate of Sohag to dispose of the sale in an area of approximately 301.77 m2, owned by the state, in the village of Shatoura – affiliated to the Tahta Center, in the governorate; It is a question of establishing a branch of the Banque Misr on it, in order to help provide the closest service to the citizens of the village and surrounding areas; to facilitate them.
