Presidential aide: Egypt implemented 3,195 projects cost LE 667bln

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Wed, 21 Feb 2018 - 02:46 GMT

BY

Wed, 21 Feb 2018 - 02:46 GMT

FILE: Presidential Assistant for National and Strategic Projects Ibrahim Mahlab

FILE: Presidential Assistant for National and Strategic Projects Ibrahim Mahlab

ALEXANDRIA, Egypt - 21 February 2018: The number of projects implemented so far has totaled 3,195 at a cost of LE 667 billion, presidential aide for national and strategic projects Ibrahim Mahlab said Wednesday.

Mahlab also revealed during a meeting with the students of the Faculty of Medicine at Alexandria University, that Egypt’s population is estimated to reach 184 million by 2052. This number will require more than 60 million job opportunities.

The presidential aide noted that security and infrastructure are a high priority for Egypt.

Meanwhile, Mahlab revealed that unemployment rate in Egypt has dropped to 11.3 percent, adding that the foreign investments in the country have registered $7.9 billion.

He also indicated that the Suez Canal revenues have recorded $49.6 billion.

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