EGYPT-ALEXANDRIA DEVELOPMENT PROJECT

closed

The Egypt Alexandria Development Project objective is to support local development in Alexandria by removing key infrastructural constraints, reducing barriers to investment, and ensuring the socioeconomic integration of the poor. The project has four components with the first making it a priority to support infrastructure which would support local economic development. This includes providing off-site infrastructure needed to support private sector development of land bordering Lake Marriout's main basin and rehabilitating critical access roads linking major centers of economic activity in Alexandria. The second component is improving the local investment climate, this includes streamlining key business start-up licensing procedures at the Alexandria Investor Services Complex; preparing the regulatory framework for the registration of existing land and real property at the North Merghem enterprise park; and designing the regulatory, technical and financial framework for private sector expanded role in managing and developing industrial areas in Alexandria. The third component is for the urban upgrading of squatter settlements. This involves support to basic infrastructure, community facilities and services, including the construction of water, wastewater networks, surface water drains, rehabilitation of access roads, establishment of community facilities, and provision of community services. Finally, the fourth component consists of institutional development and technical support to project operation.