The Financial Consultation and Auditing Center approves the economic feasibility study for two of the largest national projects

In continuation of the role of Ain Shams University as a center of expertise in supporting national projects in all parts of the republic with all scientific and professional expertise under the leadership of Prof. Ghada Farouk, Acting President of Ain Shams University and Vice President of the University for Community Service and Environmental Development Affairs; The Financial Consulting and Auditing Center at Ain Shams University, which is managed by Prof. Ahmed Selim, approved the economic feasibility study for two major national projects in the Arab Republic of Egypt, which are implemented by Al-Mammar Development and Project Management Company, and the Ard Al-Fayrouz Mining and Project Management Company, whose board of directors is headed by Engineer Mohamed Hussein Ahmed.

The first project is the national project to establish a container factory in East Port Said within the Suez Canal Economic Zone. It is considered the first project in the Middle East to produce containers (dry, refrigerated, and frozen), within the framework of achieving Egypt’s vision towards excellence in providing logistical services at the international level, through optimal exploitation of Egypt's geographical location and competitive advantage, as an influential international player in international trade.

The second project is the national project to establish an industrial complex to extract silicon from the white sand (the oil of the digital world) in the Abu Zenima area in South Sinai, where the white sand is involved in several strategic industries that place Egypt in a distinguished position on the map of the global economy. Among these industries is the manufacture of solar cells and smart chips. Egypt has a strategic reserve of white sand, and these projects provide a large number of job opportunities.