13 Jun 2021

The Minister of Planning and Economic Development revealed that public expenditures on infrastructure projects over the last 7 years amounted to USD100bn (EGP1.7tn). She also said that the government is keen on including the private sector in the country’s development efforts, which is part of Egypt’s Vision 2030 plan. This is achieved through many incentives that create a suitable business environment for the private sector to participate in the implementation and management of infrastructure projects in Egypt.

The Minister indicated that some of the key projects that have been implemented were the development of the Suez Canal Corridor, the establishment of the New Administrative Capital, the national road and highway network, and energy sector projects including building the world’s largest solar power generation plant in Aswan’s Benban area. This has led to Egypt advancing considerably on many of the global public goods indices. On the infrastructure quality index, Egypt advanced 48 places to sit at the 52^nd position globally. On the road quality index, Egypt advanced 90 places to hold the 28^th place globally. Also, on the electricity quality index, Egypt advanced 44 places to occupy the 77^th place globally. (Source: Daily News Egypt (English), Zawya (English), al-Ahram)