Infrastructure
Minister of Housing, Utilities, and Urban Communities Assem al-Gazar stated Wednesday before the House of Representatives
The message was delivered by Nigerian Ambassador Joseph Kishi.
The projects were carried out in existing cities, eight new cities, and six fourth-generation cities.
Sobky clarified that the ministry works on eight aspects.
Total of 250 technology centers will be developed to provide 120 services across Egypt, Hala El-Said says.
Under the contracts, the MSMEDA shall carry out projects to upgrade infrastructure in the 11 governorates.
This came during Al-Mashat participation in the ‘Global Economic Prospects’ session as part of the annual meetings organized by the World Bank this week
Prime Minister Mostafa Madbouli and a number of ministers visited Aswan to check on a number of projects and facilities.
President Abdel Fatah al-Sisi inaugurated on June 29, 2020 Sphinx Airport on Cairo-Alex Road and the New Administrative Capital airport via video-conference.
Prime Minister Moustafa Madbouli said the government upped the proposed investment budget for the coming fiscal year to LE 230 billion against LE 150 billion in the current fiscal year.
President Abdel Fatah al-Sisi, who currently chairs the African Union (AU), and UK Prime Minister Boris Johnson inaugurated on Monday the UK-Africa Investment Summit 2020 in London.
President Abdel Fatah al-Sisi will take part in the UK-Africa Investment Summit 2020 to be held on Monday.
Also, the president expressed a number of recommendations.
The president inaugurated the project on Tuesday.
“Development is a human right,” said Egyptian President Abdel Fatah El Sisi at the Africa 2019 Conference in the New Administrative Capital.
That is the reason Egypt has become the most attractive to investments on the continent, the minister said.
Madbouly highlighted that Egypt is on the right track.
About 1,000 investors representing major, small and medium sized- businesses have been invited to the summit.
Country Manager Malinne Blomberg stated on Monday that the African Development Bank (AfDB) supports five main realms on the continent, highlighting that they match Egypt’s development agenda.
The upcoming projects are within the 2017-2020 Unified Support Framework worth €500 million by the European Bank for Reconstruction and Development (EBRD).
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