President Abdel-Fattah El-Sisi confirmed that matters relating to the work of the black sand factory complex became available, saying, “Obviously, all basic things are available … both treated water and desalination. of the sea … and electricity and roads, and we will continue … we thank the civil societies and the mining companies … all those who worked in this project, greetings and thanks.
In the following infographic, we review President Sisi’s speech during the inauguration of the Black Sand Factories Complex project.
The black sand problem has been known in Egypt for 90 years, we have been talking about it for 5 years and no one has encouraged us, the feasibility studies lasted 3 years.
We have waited a long time for the project, and we have followed it for the last 3 years, until the arrival of the equipment from abroad.
From the start of this project, the private sector is willing to enter and invest in the black sand field
If we need wearable materials to maintain workers’ health, we are ready to do it .. to be more careful
The project is not a job for a day or a month, and we want to be reassured that this job is healthy and safe through procedures, standards and precautions.
I tell the private sector and the companies that worked on this project, you knew the path .. this path took a long time
Can the private sector manage how many factories and complexes like this one? One kilo lasts a year and we are talking about 400 kilos of reserves
If a company can work for 400 years, okay if 10 companies? There is a great opportunity for companies to get involved in this matter
There are other opportunities in other places like Bernice and Lake Nasser, and we can build a factory, 3 and 4, and if you want to partner with the state, we are ready
The project costs £ 4 billion, and if you want to run two factories, 3 and 4, it will cost £ 20 billion and all the product is exported overseas.
I mean all Egyptian companies, even if they are not interested in mining wealth, the project will get a very good return and over 25%
Is it possible for an entity worth £ 30 billion to complete a project like this in two years … If the private sector did it within two years, we would have two factories, 3 and 4
Any official in Egypt is keen that if there is room for good, they will. The opportunity came through a path that we have succeeded in now and we knew the details.
The feasibility studies make you fear the problem while you are comfortable, and the global demand is very large and can satisfy any production we will launch, and that is part of the added value.
There are raw materials from which a job can be made in Egypt, and the data are at our disposal and are available to all those who want to work on the subject.
We encourage working in the black sands, so that there is no time or opportunity to waste.
I follow this topic very closely .. This is money that we are saving and we hope that you will answer a need for us and we will do it because the country is looking forward to it.
I hope my message reaches the private sector. Enter alone, we will help you, or in partnership, we will enter with you so that we will work more than a black sand complex
All the basic things are available, be it treated water, sea desalination, electricity, roads, and we will complete it .. and we thank the civil and mining companies
The first time we take a step in this field, and you will be pioneers of it, and may God do a lot of good. We will be working on more than one complex like this in the next few years
We hire people and get free currency returns and save money We were importing products like this … a production that comes to us in the Egyptian market
