Project in Focus

Educational Buildings

" Egypt "

Importance of the Project :
     The high growth rate of population, the longer duration of the compulsory education of 9 years, the high density rate in the classrooms, the phenomenon of multiple schooling shifts, the non-existence of schools in many regions, and the deteriorating condition of the existing school buildings, all these factors have created an urgent need for constructing of new school buildings to help overcome those problems, and to keep pace with the modern advancement in education and to achieve the development plans in this sector .
     
 Project Objectives and Description :
     The project’s objective is to construct and equip school buildings in various Egyptian provinces to help raise the standard of education at all schooling levels to overcome the problems related to the shortage of schools, the need for the renovation of old school buildings, the need to lower the students intensity at classrooms, to avoid the multiple schooling shifts, to help eradicate illiteracy, and to develop human resources required to facilitate the development plans and keep pace with the global scientific revolution, communications and economic competitiveness.

 Project Sections :
Section I: The civil works necessary to construct as much number of schools as possible at various levels in the provinces. The size of school buildings vary according to the schooling level and the province’s size, but the total cost should not exceed the amount of the loan .
Section II: The civil works for the construction of 58 schools at various educational levels in different provinces, furnishing them with the equipments and furniture, in addition to furnishing and equipping the schools mentioned in the first section .
Section III: The provision of engineering services and supervising the execution .

 Project Cost and Financing :
     The SFD has extended SR.100 million in soft loan to meet a part of the projects cost of about SR. 215 million, with the remaining cost were met by the Egyptian government. The SFD’s loan assigned to finance the construction of 90 schools, while the Egyptian counterpart financed the construction of 58 schools, the Egyptian equipped both the schools that were constructed by the SFD and by them. By the completion of the project, the total number of schools constructed and equipped had reached 148.
  
 The SFD’s Role in Egypt :
The SFD, in cooperation with the executing authorities of the educational buildings project in Egypt, has played a major role in properly constructing the schools which became an eye-catching landmark in the villages where they were built. The SFD has an essential and effective role in supporting the efforts of development in Egypt for more than 30 years. The SFD has extended concessional loans to finance 12 projects in the various development sectors, totaling SR. 1362 million. Additionally, the SFD administers a grant of US$ 500 million (1875 million Riyals) extended by the Kingdom of Saudi Arabia to Egypt for the execution of 15 projects, most of them have already been completed. This clearly attests the Government of Saudi Arabia’s effort in providing Egypt and other developing countries the means with which to foster development progress and prosperity.