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 Though the Czech arms deal actually increased the American willingness to invest at Aswan, Great Britain cited the deal as a reason for reversing its promise of funds. What angered Dulles much more was Nasser's diplomatic recognition of China, which was in direct conflict with Dulles's policy of containment. There are several other reasons why the U.S. decided to withdraw its offer of funding. Dulles believed that the USSR would not fulfill its commitment to help the Egyptians. He was also irritated by Nasser's neutrality and attempts to play both sides of the Cold War. At the time, other western