LE 275B investments in Sinai until 2022: Planning Minister

CAIRO - 28 August 2018: Minister of Planning Hala Saeed on Tuesday said that the government has allocated up to LE 275 billion in investments in Sinai until the year 2022.

In a released statement by the Ministry, she added that the State is adopting development plans that are aimed at enhancing the development of the provinces that did not have their fair share of development such as Sinai and Upper Egypt.

She added that development projects in Sinai will include fish farms and a nature lake along with an industrial zone and 10 new roads.

Also the projects include 15 hospitals and health units and upgrading 53 schools and universities, she added.

Five projects have been already implemented in the sector of land reclamation, she said, adding that 54 water projects are also carried out.