Egypt, Sudan firms sign accord on Cape-to-Cairo road
An Egyptian and a Sudanese company signed an agreement on Tuesday to build a key section of the Cape-to-Cairo highway.
An Egyptian and a Sudanese company signed an agreement on Tuesday to build a key section of the Cape-to-Cairo highway, an Egyptian official said.
The road has been a dream since the late 19th century, when British officials planned a road to connect their colonies in Africa.
Under the agreement, a 400km stretch of highway will be built between Aswan in Egypt and Dongola in Sudan at a cost of $500-million, Osama Saleh, chairperson of the General Authority for Investment, told reporters.
This is the last section to be built between Khartoum and Cairo, although major gaps remain unfinished in East Africa.
“The project aims to connect Egypt’s Alexandria and Cape Town in South Africa,” Saleh said.
Egypt’s state Holding Company for Building and Construction and Sudan’s privately owned Zawaya Group for Development and Investment signed the memorandum of understanding. - Reuters.