Aswan Governorate Aswan Governorate. According to the Egyptian Governing Authority for Investment and Free Zones (GAFI), in affiliation with the Ministry of Investment (MOI), there is an industrial zone called El Shalalat located in this governorate: Aswan Governorate Aswan Governorate ( ) is one of the governorates of Egypt. The southernmost governorate in Upper Egypt, its capital is Aswan. The Aswan Governorate borders Qena to the north, Red Sea Governorate to the east, New Valley Governorate to the west, and Sudan's Northern state to the south. It has a population of 1,394,687 inhabitants (2014), and occupies an area of 62,726 km². The
Aswan Dam High Dam has resulted in protection from floods and droughts, an increase in agricultural production and employment, electricity production, and improved navigation that also benefits tourism. Conversely, the dam flooded a large area, causing the relocation of over 100,000 people. Many archaeological sites were submerged while others were relocated. The dam is blamed for coastline erosion, soil salinity, and health problems. The assessment of the costs and benefits of the dam remains controversial decades after its completion. According to one estimate, the annual economic benefit of the High Dam immediately after its completion was E£255 million, $587 million using the