20.000 Acres to be Cultivated in Toshka

Agriculture and Land Reclamation Minister Mohamed Reda Ismail said yesterday that 20.000 acres in Toshka project will be cultivated within weeks at EGP 600 million cost for the first phase.

The minister pointed out that total land earmarked for agriculture are 100.000 acres at LE 3 billion cost to be carried out by United Arab Emirates companies.

He underlined that Egypt is committed to conducting usufruct contracts for 50 years to serious investors, according to SIS.