Egypt invests EGP 2.6bn in local development projects in H1-17/18

Cairo – Mubasher: The Egyptian planning ministry invested around EGP 2.85 billion in the country’s local development programmes during the first half of fiscal year 2017/2018.

Transport and road projects made up the largest stake of these investments by 48%, followed by environment improvement schemes with a 22% stake, the ministry added on its official page on Facebook.

Meanwhile, projects of upgrading the national electricity grid, local units support programmes, and security and fire safety schemes dominated 13%, 10%, and 7%, respectively, of the investments, the ministry noted.

Mubasher Contribution Time: 01-Apr-2018 11:20 (GMT)
Mubasher Last Update Time: 01-Apr-2018 11:28 (GMT)