Production & manufacture of granite blocks & Sawing & Processing granite slabs

Project Name

White granite (Wade Abu shawab) – Eastern Desert (industrial zone)

Red granite (Wade Abu shihat  ) - Eastern Desert (industrial zone)

Project Location

Wade Abu shwab - Eastern Desert = 600 thousand m³

Wade Abu shihat    - Eastern Desert = 3 million m³

Project Reserve

1.Extraction & production of granite blocks

2.Sawing , Processing & Polishing of marble slabs

Project Objective

1.providing new job opportunities

2.contributing to increasing the national income

3.contributing to developing of  the zone

4.contributing to redistribution of the population

5.can be considered as a model of mining project

6.training new cadres to work  in the profession of ornamental stones

Project Description

150 thousand m² of granite slabs

3 thousand m³ of granite blocks

Production Capacity

One year

Duration of Implementation

20-25 years

Project Time scale

6731 thousand pounds for blocks

Total Cost

1373 thousand pounds

Net Profit

The Egyptian Mineral Resources Authority (EMRA)

Responsible Entity for the Project

(EMRA) 50% , partner 50%

Earning ratio

The project will be financed by the joint venture company, which will recover its expenses after the production. By the end of the project the ownership will be transferred to EMRA .

financing

2010

Start up Date

Project  proposed for investment

Current Status