Public investments in Assiut record LE7.1B during 2020/21

SourceEgypt Today
SectorEconomy
CountryEgypt

Minister of Planning Hala el-Saeed - File Photo CAIRO – 12 January 2021: Public investments directed to Assiut governorate in the 20/2021 plan is LE 7.1 billion, with an increase of 16 percent compared to the 2019/2020 plan, representing 2.8 percent of distributed public investments, according to Minister of Planning Hala el-Saeed.   Saeed added that the number of development projects in Assiut Governorate reaches 392 projects in the Citizen Investment Plan in 2020/2021.   With regard to the sectoral distribution of public investments targeted in Assiut governorate in the 2021/2021 plan, el-Saeed indicated that investments worth LE 2.5 billion will be directed to the housing sector at a rate of 34.5 percent, and LE 741 million  or 10.4 percent to the oil sector, and local development sector investments amount to LE 841. 2 million, or 11.8 percent.   She added that the transport sector allocates LE 1.3 billion or 17.7 percent, ...read more...