Egypt implements 490 development projects at cost of LE 27.2B

CAIRO – 13 December 2018: Minister of Planning Hala el-Saeed revealed implementing 490 development projects across the country at a total cost of LE 27.2 billion in 13 sectors during the first quarter of 2018/2019.

Saeed pointed out that these projects include 238 projects in health and education sectors at a total investment cost of LE 1.6 billion, as well as 164 projects in Upper Egypt and the border governorates at a total investment cost of LE 12 billion.

The minister pointed out that the government's work program has given high priority to improving the quality of life and standard of living of citizens, particularly in the needy areas, stressing the necessity of boosting public investments in all fields.

According to the data the ministry published, five projects were established in the youth and sports section at an estimated cost of LE 101 million, including the development of youth centers in the neediest villages in Qena and Sohagat a total cost of LE 11.2 million.

Another project was completing the construction of playgrounds and the development of youth centers, at an estimated cost of LE 61.8 million, as well as the project of the establishment of swimming pools in youth centers at a total cost of LE 5.3 million.

Additionally, Mohamed Abdel Wahab Theater project was established in Alexandria at a cost of LE 9.9 million.

The data also revealed that two projects are completed in the higher education sector at a cost of LE 29.7 million, which are the new dialysis unit at Al-Demerdash Hospital at a cost of LE 9.7 million, and the development project of Al-Shatby Pediatric Hospital at a total cost of LE 20 million.

Saeed announced earlier that Egypt’s total public investments during the first quarter of the 2018/2019 recorded LE 72 billion, with government investments of about LE 27.4 billion.