TSFE's Role ''Crucial" in Increasing Private Sector's Participation: State Policy DocumentSource: www.export-egypt.com 6/14/2022, Location: Africa |
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The State Ownership Policy Document said that the role of the Sovereign Fund of Egypt (TSFE) is pioneering in terms of increasing the private sector's participation in the state-owned assets.
The document, meanwhile, said that this will be implemented through projects which aim to prioritize return for the future generations and attain the sustainable development goals and Egypt Vision 2030. TSFE aims to positively contribute to attaining economic development, luring investments and working toward optimizing state assets, according to the document. The fund’s strategy initially focuses on developing investment products in high-potential local sectors, encouraging private sector participation while ensuring a level playing field in various areas, including, but not limited to: infrastructure, healthcare and pharmaceuticals, tourism and antiquities, financial services and fintech, food and agriculture, logistics, and education, added the document. |
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