Cairo – Mubasher: Investments in Upper Egypt governorates amount to around EGP 32.989 billion of the overall investment budget for the fiscal year 2017/2018, said Egypt’s Ministry of Planning and Administrative Reform on Friday.
Upper Egypt, which includes the governorates of Aswan, Qena, Luxor, Sohag, the Red Sea, Assuit, the New Valley, Minya, Beni Soueif and Fayyoum, represents around 17.1% of the total value of targeted investments, the ministry added in a statement.
These governorates come in second to Greater Cairo, which includes Cairo, Giza and Qalyubia, which make up 25.2% of investments.
Coming in third is Sinai and the Suez Canal with 16.6%, followed by the Delta and Alexandria with 8.7% and 5.9%, respectively, according to the statement.
