Gov't Investments in S. Sinai Hit EGP 1.363 Bn in FY 2018Source: www.export-egypt.com 9/4/2018, Location: Africa |
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Planning Minister: Sisi's visit to Uzbekistan helps push up bilateral relations. She had talks with South Sinai Governor Khaled Fouda on investment plans and projects due to be implemented in the governorate in the Fiscal Year 2018-2019 at EGP 1.363 billion.
The talks tackled the obstacles that may hinder the projects as well as preparations for the World Youth Forum due to be held in Sharm El Sheikh on November 3 through 6. The total government investments in South Sinai development hit EGP 1.363 billion under the FY 2018-19 plan, she said. During the meeting, Fouda invited Saeid to visit the governorate, hailing fruitful cooperation between the governorate and the ministry. Saeid approved channeling additional EGP 15 million for finalizing some electricity projects in the governorate. Confronting the danger of floods, three dams were set up at EGP 25 million in addition to 191 man-made lakes in Saint Catherine, Fouda said, noting that an additional 50 lakes are in the pipeline. Under the development plans, roads are renovated in addition to establishing water projects and water desalination stations, digging wells, building dams, proceeding with the construction of King Salman university and upgrading schools. |
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