Egypt's Insane $50BN Mega Projects 2024
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- เผยแพร่เมื่อ 19 มิ.ย. 2024
- in 2024 Egypt is on a mega project spree to transform the nation, a new administrative capital called new Cairo, to smart cities like New Alamein City. They are also build a high speed rail - The Hurghada Luxor High-Speed Rail, as well as The Tahrir Petrochemical Complex and The El Daba Nuclear Power Plant. Today we explore the insane engineering behind some of Egypt's best construction projects in 2024
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Egypt is an underrated country when it comes to mega projects, should we cover any more?
Yes you should cover all the mega projects.
Yeah
Absolutely!
How about a video on all the "newest cities on earth" I.e. this one, The Line, NEOM, KSA... Nusantara, Indonesia, Forest City, Malaysia even if the last one is still really struggling to get done... I always love a new city/town!
Or how about a video on Earth's nuclear renaissance and all the nations including Canada and France that are planning on tripling their nuclear output by 2050... CANDU Monark 1000 reactors are designed to run for 70 years. Ontario is planning on building these at Bruce and possibly Pickering and Darlington.. Moltex will be opening a new reactor complex at Point Lepreau, NB along side the existing CANDU reactor. The new reactor will burn the waste of the old one eliminating the nuclear waste issue largely... GE's eVinci Microreactor's will first be built in Saskatchewan as well... Saskatchewan is one of the largest single producer of high grade uranium on earth yet doesn't have a single operating reactor, experimental or otherwise... Ditto for Australia... Carbon-free, baseload power is what renewables at this time can't really deliver. These reactors operate at 95% capacity vs 15% for solar and 30% for wind... Plus SMR's are designed to built in a factory like a car so we could easily see the day when hundreds of reactors will be rolling out of the factory in a year times dozens across the earth...
It sounds good. Hope for the best for Egypt and all the other African countries.
All the best for north africa and middle east. It will be a future worldpower
In my opinion, if any Arab or Middle Eastern country should undertake mega projects, it should be Egypt. Why? Egypt has a densely populated internal population, not only in its cities but also in rural areas along the banks of the Nile River. While Gulf countries like the UAE, Qatar and Saudi Arabia have significant wealth from hydrocarbon resources, they often rely on attracting people from around the world to fill their city attractions. Simple modern and luxury buildings and infrastructure are simply not enough, as many parts of the world are also developing cities and great infrastructure.
Instead of spending their hydrocarbon revenues on gimmicky projects like the line NEOM, cube-shaped skyscrapers, empty tall towers built just for the tallest building title, the deepest indoor pool, wasteful artificial islands and not to mention World Cup stadiums, and Expo venues designed for events lasting no more than 6 months, Egypt could focus on meeting the desperate needs of its internal population. Building newer, modern public infrastructure and residential areas could address the needs of Egyptians without solely relying on tourists and immigrants to fill their cities and mega projects.
Since when did Egypt rely on tourists?? We literally leave the scammers around the pyramids and the slums to stay there, and the immigrants are the 13 million refugees, those are a burden on the country not the opposite, the last statement is insane to me
Egypt an Saudi Arabia are different countries. Ignorance has no limits
From tge pyramids and ancient cities to this, Egypt always loved megaprojects!
same country diffrent people
@@salecousin5470 same people,learn history before talking,just because they mixed doesn't make them different,they still got the genetical link to ancient Egyptians,
Who says the Egyptians now are not like the ancient Egyptians? Go and research your history and your family
@@salecousin5470 Same country and same people. Nothing to do with you sub saharans with absolute no history, no pride just mud huts and fufu.
@@kaiserwhence2468
They're not the same people in any sense.
The Egyptians that lived in Egypt four thousand years ago were Ethiopid(i.e. Cushitic), as it pertains to race, they were not Arabs of Levantine at all.
The Hamitic Hypothesis a theory that emerged in the early half of the 20th century already but this issue to rest.
The ancient Egyptians were pastoralist ancestors intermingled with the sedentary Badarian agrarian farmers around 5000 B.C., these nomadic pastoralist that frequented the ancient lakes/watering holes or _wadi_ of Bir Kiseiba and Nabta Playa were like the Cushitic and Nilo-Saharan pastoralist of East Africa today.
The means the Maasai, Nandi, Tutsi, Bahima, Baganda, Suk, Beja, Somali Ethiopians, etc. are in fact the truest or purest *Hamitic* or Hamites of East Africa.
Predynastic Egyptian skulls according to C.G. Seligman were metrically similar to the skulls of Beja tribes like the Bisharin, Hadendoa, Ababda and Beni-Amr: all of which are grouped under the Hamite classification.
Important artifacts such as boomerangs have been found in the tombs of Egyptian royals like Tutankhamun, as the Boomerang, an this a something the nomadic Beja still hunt with to this day.
The best and largest project established by Egypt is the Grand Egyptian Museum
Egypt spend 8 billion dollar a year for repairing n building roads
In addition to building new cities all this things to reduce overcrowding in cairo which is one of the biggest cities on earth
Amazing we deserve this!
Great and fair report. Thank you.
To all the critics and haters:
Projects like this will increase foreign investments, which increase the GDP and valuation of the currency. The increase in money can then be used to increase payments for poorer people and to upgrade poorer areas in the country.
Furthermore, these projects create millions of new job opportunities for egyptians and foreign experts, which benefits the country massively.
So while it is expensive and most apartments and houses wont be afdordable for most egyptians, it is Overall still a benefitial project
It's common to hear that Egyptians cannot afford this. When I went to New Alamein, I was astonished by the infrastructure, streets, and roads. I observed people driving Rolls-Royce Cullinans, G wagons, Porches, Bentleys, Ferraris, and so on, so it's not as poor as people say it is. Yes, there is probably a population that is poor. But the government also has housing for the poor. Also, I saw one-digit license plates that go for $300,000 to $1,000,000 US dollars on cars. During one of those hype music concerts I attended, I saw many young foreigners. Additionally, it's opening the door for more Egyptians to start locations in desirable areas for a business, as well as doctors to start their own practices. I visited a dentist who owns 6 office locations in all the high-profile areas. He built his business slowly, and of course, being in a prestige area boosts your image to rich Egyptians as well as
Foreigners.
I pass by it like every month the amount of progress that has been done
❤❤❤ love you TIB
A massive population living below poverty could be a major opportuntity to pursue expansion in industrials and manufacturing. They're closer to western export markets and MENA energy resources. Hopefully, the expansion of international tourism, tax revenue and favorable government policy can bring in investment to expand this in a way that isnt exploitative of the locals. I'm very curious about modern Egypt and it's future.
I am Egyptian and I love all countries and hope for a better future for all of us 🇪🇬♥️🌍
As an Egyptian who lives in cairo, I don't benefit from the new capital because I will never be able to afford it, I need a better education to be able to find a decent job, I need a better health care, I need a low inflation rate to be able to buy what I want, BUT NO president Sisi decided that egypt needs to build a new capital, biggest mosque, largest church, tallest tower, biggest museum, second sweez canal, new presidential plane, build 3 presidential palaces. And he has no money, so he keeps borrowing money, canceling subsidiaries and dropping the Egyptian's pound value, people saying that he is creating new jobs, not really, once they finish these projects, there will be tens of thousands of workers that will.have no job nor savings because of the high inflation situation he put us in. Leave alone the corruption and stealing tax payer's money, because we have no financial control on Those mega projects. All the Egyptians who are defending the government, either they are fealthy rich or they work in the authorities. And they are brain washed and blinded from the ugly truth, and maybe they themselves are involved on corruption, I forget to mention that we have no freedom of speech and anyone who disagrees with the government, gets arrested immediately.
A wise man knows his ignorance;
a fool thinks he knows everything.
These mega projects are like dystopian nightmares. This one especially seems like Elysium, a place for the rich and the military to completely isolate from the disenfranchised population. From ghost cities in china leading to financial collapse, to vanity projects by authoritarian governments, we are well on our way to a dystopian future.
The new cities in Egypt have 3 different levels of housing: lower, medium, and higher-class to skyscrapers. I do not see any type of isolation for particular people. Even the new capital has cheaper housing for governmental workers.
yeah keep believing in that fairy tale. @@ahmedalaa-ec2qq
Another city for the rich. Egyptians deserve better
🎉❤😊
How and where are the Egyptians getting all this funding for these megaprojects?
Egyptians are mostly poor but the country is kinda rich because it milks its citizens + the gulf countries
The oil Arabs are funding it
@@greatquotes3785 Have you been milked?
yes he have been milked@@MG-kh6rh
Egypt is getting funding from Russia and other nations and organizations to help them build this nonsense.
💖🇧🇩🤝🏻🇪🇬💖
can u make morocco pls
Falcon City of Wonders Dubai
Eldabaa Nuclear reactor cost 35 Billion dollars
It’s sounds good but who is financing all of this project in Egypt or the government is borrowing money for this project If they are it’s going to end really bad for the people of Egypt That’s going to be bad for the country of Egypt
All this money for a new city for the rich, yet most Egyptians live below the poverty line. Imagine all the development that could have been done with that 50 billion, lost opportunity in my opinion.
Most Egyptians whattt??? That's literally incorrect, the percentage of the people in poverty is 29%, did you pull this info from your ass or what??? Sounds that you want it to be like that lol, that's pathetic
as an Egyptian, I totally agree.
As an Egyptian I totally disagree with this total nonsense and misunderstanding
@@AhmedNasr-uw2tnصحبي ، احنا بقالنا شخرميت سنة عايشين علي نهر النيل ، احنا فشخنا البلد بالجهل بتاعنا وربنا
As an Egyptian i disagree
We are still waiting smart city that we're promise by our president Ramaphosa I hope its still coming.
what about ethiopia
Good for Egypt ! Stop hating. Every poverty nations needs modernization
CBD
looks like chinese developers were involved..
lol egypt economy is down and most revenues is for paying foreign loans..this project faces gargantuan financial challenges
PR video. Advertising a petroleum plant and a nuclear power plant as though there tourist attraction. Also the train lines don’t even go to Cairo. Bypass there poor people and straight to the tourist attractions and new cities for the rich. Appalling.
The video clearly shows that all railway lines intersect in Cairo where I live., I have one station under construction 5 minutes away from where I live
@@tiko2916 I apologise if I am wrong but the imagine that was shown showed Cairo but it appeared that the line didn’t connect with Cairo. I looked like it ran past it, just south of it. The other place shown the line ran through the circle that indicated the locations but not through the circle for Cairo.
Glad I was wrong about it though. Have been there. It would be appalling if such a city as Cairo was was treated like that.
@@jonathankerr4859 no problem., hopefully you can visit soon
@jonathankerr4859 You're right it completely bypasses Cairo centre. The stations are on in 6th of October, New administrative capital and Helwan, all suburbs far away from city centre and with a very modest population, Don't let the regime shills fool you, this project will be a train to nowhere at least on the first segment much like the new LRT.
@@servantofbubastis9732 if you consider 24 kms away from the city centre and taking into consideration that there’s a direct monorail connection as well !
As for the LRT it’s already booming especially connecting the new capital and the 10 of Ramadan industrial city which are a heavy districts
Bankrupt
Egypt is not a stable nation ...
What about Amazigh 😂😂😂😂😂!
better than any other African nation
Hello🦋🦋🦋🐧🐧🐧🐕🐶, 🐦
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This is very clearly a paid video from the Egyptian gouvernement with 0 criticism, fawning praise and no mention to the fact that a) these projects always go over budget and b) that Egypt is teetering on the verge of default et financial collapse. If you want to to for hire videos, why not - but you should come clean about it.
Lol , are you mad ?
Egypt won’t default and when these projects are done it will never be
Egypt never had defaulted and never will so relax and watch Egypt rise up
That's enough internet for the day 😂
And you are clearly paid to type this comment 😂
The projects never went over budget because they aren't even funded by the government