Cairo – Mubasher: Egypt has pumped over EGP 960 billion in investments during the last four years within the framework of the government strategy to improve the citizens’ living standard, the planning minister said on Sunday.
During the first quarter of this fiscal year, the government has implemented 490 projects with EGP 27.2 billion in investments into 13 sectors across the Egyptian governorates, Hala El said highlighted in a statement.
These projects included 238 in the health and education sectors at a value of EGP 1.6 billion, in addition to 164 projects executed in Upper Egypt at a cost of EGP 12 billion, El Said added.
She also said that 62 projects in the electricity sector were completed at a total cost of EGP 15.02 billion, and 65 projects in the housing sector were built at a total value of EGP 5.45 billion, as well as two petroleum projects with EGP 3.92 billion in investments.
Almost three projects were completed in the internal trade sector with around EGP 241.1 million in investments, she indicated, adding the around EGP 217.5 million were invested in 38 projects for enhancing social development sector.
Moreover, around EGP 101 million were invested into five projects in the youth sector, while around EGP 69 million were injected into antiques through five projects, El Said added.
The minister said that two projects in the higher education sector were implemented with EGP 29.7 million in investments.
She further noted that around seven projects in the religious endowments sector were completed at a value of EGP 12.25 million, whereas the government has invested around EGP 9.9 million into a cultural project.
El Said stressed that the government efforts have been stepped up that in return boosted Egypt’s rank in the international happiness record in the past few years.
