Minister of Investment and International Cooperation Sahar Nasr – File Photo
CAIRO - 5 Aug 2017: Investment and International Cooperation Minister Sahar Nasr has met with South Sinai Governor Khaled Fouda.
During the meeting, the two sides discussed the investment opportunities in the governorate along with the investment plans until 2030.
The two sides further tackled the rate of implementing development projects in the governorate as part of the Sinai Peninsula Development project, which is financed by a number of Arab funds.
The total value of South Sinai projects stands at about 947 million dollars.
The new investment law includes several incentives for investments in the most needy areas, the minister said in a statement.
The ministry is keen on supporting development and investment projects in the governorate, added the statement.