$10 billion agricultural city to be built in Egypt

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A massive 311,400 acres of land in Egypt have been earmarked for a new 'agricultural city', thanks to a deal struck between Egypt and the South Korean Korea-Arab Society (KAS). The farming complex could potentially consist of around 50,000 smart greenhouses, seawater desalination plants, solar power plants, fodder production facilities, as wells as specific cultivation areas for stevia (a plant grown as a healthy substitute for sugar). The deal was signed on the 15th of August, and engineers estimate that the whole plant could be built within six months at a cost of around USD 10 billion. At a recent…

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