Cairo - Mubasher: Egypt's oil and natural gas sector controlled 17.8% of the total investments made in the country through the first nine months of the fiscal year 2014/15, said Minister of investment Ashraf Salman.
The industrial sector came in second place by 14.8%, followed by the sectors of transportation, construction and social services by 14.8%, 13.7% and 10% respectively.
The country's net direct foreign investments grew to $6.4 billion in FY13/14, from $4.1 billion a year earlier, on the increase of the number of the implemented projects that amounted to $3.8 billion, pointed out Salman on the sideline of an economic summit.
Egypt targets economic growth of 5% to 5.5% in the fiscal year 2015/16, added Salman, noting that the country has achieved growth of 4.7% in the first nine months of FY14/15.
