Heydemann pointed out that the planned step would result in better serving customers.
The minister underscored that the average growth rate in 2021 recorded 7.1 percent.
The Sovereign Fund of Egypt (TSFE) made the announcement Wednesday.
The initiative was launched in 2021 and is estimated to be completed in 2025.
The report indicated that the budget spent until Decent Life's launching in 2021 amounted to LE 100 billion.
The state aimed to reduce the travel of Egyptian students to study abroad, to attract students from outside Egypt, and to enrich the integration between state institutions.
In addition, a mechanism is being devised to fund developmental projects in governorates by identifying developmental gaps in each, Said revealed.
Minister of Planning and Economic Development Hala al-Said was addressing the House of Representatives Monday.
The Ministry of Planning and Economic Development indicated in a statement Thursday.
Egyptian Minister of Planning and Economic Development Hala el Saeed highlighted Tuesday the importance of the role of the private sector as a "key partner in the development process" in Egypt.
Minister of Planning and Economic Development Hala al-Said stated Monday that the International Islamic Trade Finance Corporation has funded Egypt with $13.8 billion until present.
Minister of Planning and Economic Development Hala al-Said made the statement in a press conference Tuesday.
The Planning and Economic Development Ministry announced on Saturday that the general investments directed to the Red Sea governorate in the 2021-22 fiscal year reach EGP 4.2 billion.
The Ministry of Planning and Economic Development delivered Thursday 13 civil service vehicles.
The minister gave an overview of ongoing projects.
Minister of Planning and Economic Development Hala El-Said chaired on Tuesday in Paris the bilateral session with the Directorate of the World Economic Forum (WEF) presenting the "National Plan for the Development of the Egyptian Family."
El-Said pointed to the second phase of the national economic reform program.
The database is part of the internal platform for mechanization and digital transformation at the ministry.
Fayoum governorate will soon host the first industrial complex as part of the initiative “Your Work in Your Village” to provide job opportunities for youth and women.
El-Said explained that Egypt's 3rd VNR covers all 17 sustainable development goals, and includes challenges and gaps, as well as achievements and success factors.