Egypt directs LE 4.1B public investments to Minya Governorate during 2020/21

  • Date: 25-Jan-2021
  • Source: Egypt Today
  • Sector:Economy
  • Country:Egypt
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Egypt directs LE 4.1B public investments to Minya Governorate during 2020/21

FILE : Minister of Planning Hala el-Saeed







CAIRO – 24 January 2021: Egypt directs public investments of LE 4.1 billion to Minya Governorate in the 2021/2021 plan,marking  an annual increase of 10.8 percent, according to Minister of Planning Hala el-Saeed.

 

Saeed noted that these investments represent 1.6 percent of distributed public investment.

 

This came in the “Citizen Investment Plan” in Minya Governorate for the fiscal year 20/2021, as part of the continuation of announcing the citizen's plan in all governorates of Egypt for the second year in a row, intending to activate community participation and involve citizens in planning and follow-up.

 

She noted that the number of development projects in Minya governorate reached 327 projects.

 

About the sectorial distribution of public investments targeted in the Minya governorate in the 2021/2021 plan, El-Said pointed to directing investments worth LE 1.4 billion to the housing sector and slum development at a rate of 34%.

 

“The local development sector is allocated investments worth LE 604.7 million, or 14.7 percent.,