CAIRO - 12 January 2023: The Egyptian government attaches great importance, in light of the directives of the political leadership, to the development of Upper Egypt, and based on that, the economic and social development plan for the fiscal year 22/23 directed government investments amounting to about 48.2 billion pounds during the year 22/23 for the development of all governorates of Upper Egypt, of which the public treasury finances a percentage 82.2% of these investments amounted to about 40 billion pounds.
The plan directs the Central Al-Sabed region to have the largest percentage of 59.2% of government investments directed to the governorates of Upper Egypt at a value of 28.6 billion pounds, followed by the North Upper Egypt region at 23.7% at a value of 11.4 billion pounds, and finally the Central Upper Egypt region at 17.1%, at a value of 8.2 billion pounds.
In this regard, we review the investments directed to the implementation of development projects in the North Upper Egypt region as follows:
1- Beni Suef Governorate: The total government investments allocated to it in the 22/23 plan amount to about 4.52 billion pounds, and educational services come at the forefront of the sectors with about 24.2% of the total investments directed to the governorate.
2- Minya Governorate: the total government investments allocated to it in the 22/23 plan amount to about 4.5 billion pounds, and the other services sector accounts for the largest percentage of them, at 36.7%.
3- Qena Governorate: The total government investments allocated to it in the 22/23 plan amount to about 4.3 billion pounds, of which the public treasury finances 79.4%.
4- Fayoum Governorate: the total government investments allocated to it in the 22/23 plan amount to about 2.4 billion pounds of total government investments, and the other services and educational services sectors come in the foreground, with a rate of approximately 75%.
Major General Sherif Ahmed Saleh, Chairman of the Upper Egypt Development Authority, said that the authority has a strategy to implement projects within Egypt's Vision 2030, and its first goal is to provide the largest number of jobs and attract investments, whether local or foreign, to the governorates of Upper Egypt, and in 10 governorates in particular.
During his speech at the meeting of the Local Administration Committee in the House of Representatives, headed by Representative Ahmed El-Segini, Chairman of the Committee, Saleh stressed that the authority is working to achieve sustainable development in Upper Egypt, provide a "decent life" and confront the aforementioned problems in Upper Egypt, most notably migration and overcome development gaps between regions.