New Urban Communities Authority signed a cooperation protocol on Monday, 16/11/2015  to finance natural gas delivery system  to the first & the third districts and the city Center in Beni Suef new city with Development and Agricultural Credit Bank ( Islamic branch transactions ), and the Nile Valley Company for Natural Gas  with the value of about 30 million pounds.

Natural gas is  going to be delivered to the plots at the  first & third residential districts (villas - buildings) as well as service plots at the city Center of  New Beni Suef  city with the total number of 3080 plots.

The protocol   was signed by Eng . Kamal Fahmi , vice chairman for developing and upgrading  cities at New Urban Communities Authority , Mr. / Abdul Rahman Ahmad Lutfi Kafrawy , the head of Islamic transactions sector at Development and Agricultural Credit Bank  , Ms. Magda Balbaa  the head of Legal Affairs Sector at Development and Agricultural Credit Bank , company Nile Valley natural gas Eng. Tariq Mohammed Anwar Hawary,  managing director at  Nile Valley Company for Natural Gas  and Mrs. Hala Abdel-Hamid Abu Bakar, managing director of the financial and administrative affairs at  Nile Valley Company for Natural Gas  .

Eng . Nour Al-Din Ismail, the head of New Beni Suef City Authority said , " according to the schedule of implementing, those networks are expected to be on action  after 6 months from starting work ".

It is worth saying that this is  a success of the new mechanism of  financing the delivery of natural gas networks in new cities.