Gov't investments for water resources reach LE5.2b in 2017/18

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Wed, 17 Jan 2018 - 08:31 GMT

BY

Wed, 17 Jan 2018 - 08:31 GMT

Ministry of Water Resources and Irrigation remove illegal building on the Nile bank- press photo

Ministry of Water Resources and Irrigation remove illegal building on the Nile bank- press photo

CAIRO - 17 January 2018: Public government investments for water resources and irrigation programs and projects reached LE5.222 billion in the fiscal year 2017/2018, including undivided investments that hit LE1.244 billion, and 24 percent of the value of the governmental investments in this sector, according to the government plan approved by the Parliament.

The government plan showed that Assuit had the highest percentage of investments from the governmental provisions with 11.2 percent, and LE583 million, while the Suez Canal Region gets the highest percentage of the total investments, with 23.7 percent.
According to the plan, Greater Cairo region came last with 2.9 percent from the total investments.

The development of the riverbed, its branches, and the wells, which costs about LE900 million, and the construction and reinforcement of the archery and irrigation facilities, with a budget of LE796 million, are the most important projects for the section in this fiscal year, according to the plan.

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