Egypt-China To Build "New Cairo"

[Shotgunner51]

Excellent ! China, truly, has the ability to help Egypt realize their development goals. Anyways, as a progressive and pro-developmentalist , I welcome the Chinese leadership in this arena. I hope that Japan can cooperate with China in helping to develop the Middle East and the rest of the developing world. @Shotgunner51

Thanks! And sure both countries have engineering expertise, industrial capacity and surplus capital to build assets globally. In fact China Mainland (excluding HK, Taiwan) is only world's second largest creditor nation, Japan is the numero uno in this count. However as discussed in the other thread earlier (see below), Japan's overseas assets are concentrated in North America, I think Japan should increase weight of other regions. Sector-wise both countries are complementary, China is more into infrastructure, heavy industries, construction & capital goods, while Japan is more into healthcare, electronics, auto & consumer services.

Japan vs China : 2005 ~ 2015YTD Overseas M&A

I sincerely look forward to a great success on this mega project of "New Cairo", Japanese corps should participate!

 

[Audio]

I have worked in the Gulf and Egypt in the past this is what directly impacted my view on this. The common notion is most of them favor a relaxed government related job with foreigners from US, Europe, and South Asia who are the backbone of major sectors of the economy. I have not worked in any Arab country recently and possibly this has changed, but I remain in contact with people who work in the middle east who still say many of the problems I have highlighted still occur.

Maybe, with Arab spring, work ethics came out of permafrost. Ya, i know....

Although that said, i'd estimate Egyptians scoring better on work ethics than native middle Easterners.

 

[Abd-ar-Rahman III]

With such an overwhelming birth rate, Im affraid, no urban planning, or new construction ventures can render, anything favourable in the mid or long term ....

Because, with mumerous new genrations, adjacent areas, of the new city are going to get plagued with urban chaos, issues with parking space, water supppy, waste menagment .....

Egypt should be trying to decrease birth rate as much as possible, because its ruining the future of existing population. Demographic pressure is a pathway for future turmoils, "revolutions", unemployment ....

I ve watched some video about the Egypt, it was about many factories there were unable to run, because eletricity was needed for air conditioning, and that was last year. Whats going to happen in the future, only god knows

Our current population growth rate is around 3.5. That's hardly "overwhelming" let alone uncontrollable. Nothing points to it getting out of control either in the future. On the contrary it will be reduced.
The main reason why Cairo gets impacted is because so many Egyptians are moving to major urban areas such as Cairo, Alexandria and Giza which is also the tendency in almost every country of the world. Population movements to major urban areas that is. Besides I consider a population growth rate of around 3 to be perfect. People in the rural areas are those with most children and more and more people move from rural areas to urban areas in Egypt so this will reduce the growth rate in the future. Likewise the increased wealth of the people. Besides Egyptians and Arabs in general like to have big families.

It's all about correct urban planning and other services. As well as increased economic wealth.
The population growth rate is a much bigger problem in numerous other African and non-African countries rather than in Egypt. On the other end of the spectrum you have countries like Japan whose population is decreasing each year at an alarming rate. Equally as in many European countries. I know what I would prefer!