Egypt has also attached great importance to strengthening int'l cooperation with institutions and boosting bilateral cooperation with friendly countries - Photo compiled by Egypt Today/Mohamed Zain
CAIRO – 10 July 2020: The Egyptian Cabinet has released a milestone volume documenting the achievements implemented by President Abdel Fattah Al-Sisi and his government since he came to power six years ago under the title ”The Harvest of Six Years (June 2014 – June 2020)”.
Prime Minister Moustafa Madbouli has clarified that the volume documents and records the most important and top achievements that Egypt has witnessed during the past period in various sectors.
The Prime Minister also added that Egypt has made remarkable progress regarding its development plan at all levels, including raising the standard of living for citizens, implementing a serious economic reform program aimed at supporting the role of the private sector in development, stimulating the establishment of small and medium enterprises and entrepreneurship, as well as improving housing services, education, health, transportation, and social protection networks.
He pointed out that Egypt has also attached great importance to strengthening international cooperation with international institutions and boosting bilateral cooperation with friendly countries, enabling it to move forward with accelerated steps in the development process.
Mr. Madbouli further pointed out that about 14762 projects were completed since President Sisi’s arrival to office until 6/30/2020, at an estimated cost of about LE2207.3 billion, and about 4164 projects are being implemented at an estimated cost of LE2569.8 billion.
Engineer Randa Al-Minshawi, First Assistant Prime Minister, who supervised the preparation of the volume, said, “With regard to creating a favorable climate for investment, and the advancement of economic sectors, it has been indicated in the volume that the Egyptian government has paid great attention to creating the right climate for investment by working to provide an attractive and suitable infrastructure to provide more job opportunities, contribute to raising economic growth rates and achieving comprehensive development, pointing out that the number of investment projects implemented in that framework reached 39 projects with a total investment of LE4827.9 million.
In the field of developing projects related to trade and industry, the volume indicated that the total number of implemented projects amounted to 89 projects with a total investment of LE47182 million, and work is underway to implement 15 projects at an estimated cost of LE5.9 million.
The volume indicated that the most important achievements related to that framework are injecting around LE29.6 billion in the form of loans to finance small and micro projects with a total of LE27.3 billion by Social Fund for Development, in addition to LE2.3 billion for infrastructure and community development projects.
Among the achievements is also the completion of the first phase of the Robbiki Leather City, with a total cost of LE2.2 billion, and the implementation of 501 industrial units with a total cost of LE955 million.
The volume pointed out that the development efforts during the last period reflected positively on the agricultural sector, which helped achieve an agricultural renaissance, including: The reclamation project of a Million and a Half Million Acres, major greenhouse projects, the project of A Million Cattle Heads, and the revival of the Veal Project, and major fishing projects to bridge the food gap and provide forms of support to farmers.
The volume affirmed that during this period 224 projects with a total investment of LE17000.1 million pounds were implemented. While with regard to the petroleum and mineral resources sector, the volume indicated that Egypt succeeded in achieving self-sufficiency in gas and returning to export, during which period 115 projects with total investments that amounted to LE15261 million were implemented, and about 44 projects are being implemented with a total investment of 11787 million pounds.
The volume also pointed out that the harvest of what has been accomplished since President Sisi assumed leadership included the implementation of 1484 projects in the field of higher education with a total investment of 17157.69 million pounds, and about 442 other projects are being implemented.
As for providing a decent life for Egyptian citizens, especially low-income and middle-income citizens, the volume stressed that the government has paid great attention to developing the social protection system and the subsidy system, especially with regard to securing the country's needs of food commodities, raising the quality of subsidized bread, and reducing wheat waste that reached about 102 million tons as a result of poor storage.
This is in addition to increasing the advanced storage capacity inside the country to 3.1 million tons of wheat annually through the projects of the Egyptian Holding Company for Silos and Storage, opening of 4351 new outlets for Gamiety project, and 617 new branches are being opened, as well as providing 162 Tahya Misr cars to distribute goods all over the Republic.
With regard to developing the social protection system, 392 projects with a total investment of LE83376.5 million have been implemented, and about 42 projects with a total investment of LE661.1 million have been implemented.
Regarding the field of infrastructure development and the development of services provided to citizens, the volume indicated that many projects were implemented in the fields of housing, drinking water and sanitation, roads, and the development of unsafe and unplanned areas, as the total investments implemented in the housing sector and the development of slums reached about LE107.27 billion, 627.6 thousand units have been completed, and 388.35 thousand units are being implemented with a total investment estimated at LE98.4 billion.
The volume further affirmed that the state was keen during that period to take many measures aimed at supporting the tourism and antiquities sectors, directly and indirectly, whether through carrying out promotional campaigns, providing support through the Central Bank for hotels and tourist facilities, the expansion of tourist markets, the implementation of many projects for the development and restoration of antiquities.
Eng. Minshawi, First Assistant to the Prime Minister, explained that the volume addresses efforts by the state during the past six years to raise the standard of living of Egyptian citizens and provide them with a decent life.
The volume presented some of the most important achievements related to that framework, including the implementation of 960 projects in the field of health and population with a total investment of LE81290 million Egyptian pounds.
Also, 40 projects related to the Egyptian Ambulance Authority, and about 19 national projects for model hospitals were implemented, in addition to developing health units, and implementing about 25 initiatives within the Arab Republic of Egypt and 13 initiatives to support the health sector in Africa.
The volume also indicated that 5026 projects were implemented in the field of pre-university education with a total investment of LE31289 million Egyptian pounds, where 4858 school building projects were implemented across various educational stages to add about 74004 new classes.
About 1,121 projects were implemented in the drinking water and sanitation sector, with a total implemented investments amounting to LE78,302 million. Also, 668 projects are being implemented with a total investment estimated at LE110,911 million.
The volume indicated that 108 projects were also implemented for fourth generation cities in order to reduce the pressure om old cities, and contribute to providing appropriate housing for all segment of society. Further 180 projects are being implemented.
Egypt has also succeeded in achieving unprecedented achievements in the electricity sector during the past years, within the framework of targeting the elimination of power outages, strengthening power grids and networks.
Eng. Minshawi said the document pointed out that President Sisi has paid special attention to the field of transport and its various sectors as one of the most important tools for implementing comprehensive development plans in the country. This is for passengers or cargo transportation.
Transport projects also targeted the expansion of roads and bridges networks, the development and renewal of all elements of the railway system, the development of the subway and the addition of more lines with international specifications to achieve traffic flow in Greater Cairo.
The projects implemented in that framework have varied to include: 199 projects in the field of main and side roads to establish roads, bridges, new axes, and to raise the efficiency of existing roads; six axes and Nile bridges; about 38 projects to raise the efficiency of dry and marine ports; about 36 projects implemented by the Railways Authority; about 26 projects by the Metro Authority; and about 38 projects by the River Transport Authority.
Comments
Leave a Comment