Egypt spends EGP 3.4bn on scientific research in FY17/18

Cairo – Mubasher: Egypt’s public spending on scientific research grew to EGP 3.4 billion during the fiscal year 2017/2018, according to an infograph posted on the Cabinet’s Media Centre's Facebook page.

Around EGP 2.5 billion were allocated to the building of 20 new faculties in nine universities, while EGP 1.9 billion were spent on 2,126 projects financed by the Science and Technological Development Fund.

Moreover, the government has spent EGP 540 million to fund over 620 basic and applied researches.

The Cabinet’s Media Centre has also stated that EGP 500 million were spent on the programme for the infrastructure development for scientific research including the building of 31 research centres and 56 central labs.

Mubasher Contribution Time: 26-Dec-2018 15:47 (GMT)
Mubasher Last Update Time: 26-Dec-2018 15:57 (GMT)