TAQA Arabia, GTEZ to deliver critical utilities for Safaga’s Golden Triangle Industrial Zone

TAQA Arabia has signed a cooperation protocol with the Golden Triangle Economic Zone Authority (GTEZ) on Monday to provide essential utilities for investors in the 9.1 Industrial Zone in Safaga City, located within the Golden Triangle. The agreement, as disclosed by TAQA to the Egyptian Exchange (EGX), is in line with Egypt’s broader strategy to accelerate regional development, enhance investments, and foster sustainable, value-added projects.

The partnership will focus on establishing critical infrastructure for the industrial zone, including electricity networks powered by both conventional and renewable energy sources, natural gas distribution through the national grid or compressed natural gas systems, as well as water supply for both industrial and agricultural purposes. Additionally, the agreement covers the development of sewage and industrial networks, facilities for distributing petroleum products, and waste management systems aimed at supporting sustainable development in the region.

Attribution: Amwal Al Ghad English

Subediting: Y.Yasser