WB to launch report on Egypt investment on Tuesday

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Thu, 06 Dec 2018 - 12:32 GMT

BY

Thu, 06 Dec 2018 - 12:32 GMT

File - World Bank

File - World Bank

CAIRO - 6 December 2018: The World Bank will launch a new report under the rubric "Egypt: Boosting private investment and commercial funding of infrastructure" on Tuesday at the faculty of economics and political science.

The report will present a roadmap to attract private investments to the sectors of energy, transport, water and agriculture, the WB said in a statement on Thursday.

Attracting private investments to these sectors will reduce public spending and direct the resources towards more citizens, the statement said.

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