Egypt Spent USD100bn On Public Projects In Last 7 Years

Giving More to Your Wealth
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 52nd position globally. On the road quality index, Egypt advanced 90 places to hold the 28th place globally. Also, on the electricity quality index, Egypt advanced 44 places to occupy the 77th place globally. (Source: Daily News Egypt (English), Zawya (English), al-Ahram)

An opportunity to make a difference!

Why join Acumen?

Our number one focus in Acumen is our performance and our greatest asset is our people. We look for a team that is self-motivated, appreciates challenge and innovative. We tend to always pick the right person in the right position.

apply now