Egyptian screenwriter Mostafa Moharam dies aged 81    Barcelona maintains support of Super League despite backlash    Egyptian actor Ahmed Hatem launches 'Arabeit Al-Kheir' during the month of Ramadan    Egypt's FM arrives in Tunisia, last stop in African tour on GERD crisis    Garagous pottery factory closes in blow to Egypt's intangible heritage    Egypt's stocks end week in mixed notes, benchmark EGX 30 slumps 0.40%    Egyptian league debutants Ceramica Cleopatra sack coach Shaaban after Cup exit    Pope promises Lebanon visit, calls for end to political deadlock    Guterres says world at verge of climate 'abyss'    SCZone signs EGP 20 bln agreement to transform Sokhna port into mega port hub in region    Women receive 70% of British Council's Newton Mosharafa PhD scholarships in 2020-2021    Egypt Insurance Federation to hold webinar on global economic updates' impact on sector    Sanctions-battered Iran, weary of pandemic, faces worst wave    Fresh investments, cooperation in Egypt's development projects are coming from EBRD    Egypt, Niger, Senegal discuss latest GERD developments    Egypt's central bank raises daily withdrawal, transfer limits using mobile phone wallets    African countries urged to use vaccines quickly after expiry confusion    FAB begins share transfer in Bank Audi acquisition    Egypt signs agreements to locally produce Russian, Chinese vaccines    Atletico Madrid's Hurricane hits Spanish La Liga    Russian defence minister oversees large-scale military drills in Crimea: RIA    Egypt forms technical committee to train expatriate returnees    Zamalek looks to overcome Al Ahly loss in El-Entag El-Harby match    European Super League proposal ragged after several withdrawals    Zaytoun Development begins construction of 2 projects worth EGP 1bn in NAC    G7 to hold first in-person Foreign Ministers meeting in 2 years next May    Ahly taste first league defeat as El-Shennawi blunder gives Smouha last-gasp win    Egypt's FM discusses GERD issue with Nigerien president    Al-Sisi affirms depth of Egypt-US ties, praises counterterrorism cooperation    Chad boils after President's death, with his son taking office under military council    Ethiopia suggests AU Assembly Bureau meeting to break GERD deadlock    Egypt to receive 500K of Chinese Sinopharm vaccine this month, Zayed    Google announces biggest update to Google Earth since 2017    EBRD President visits Cairo in 1st trip to Middle East since taking office    Egypt's Shoukry meets Comoros President on 2nd leg of African tour    Sinai victim avenged    Al-Shafei Mausoleum reopens    Grand Egyptian Museum receives 3rd Tutankhamun shrine    Russia will soon announce resumption of charter flights to Egyptian resorts    US-Egypt Business Council urges Biden's administration to include Egypt in climate-focused discussions    Cairo International Film Festival unveils dates for 43rd edition    Rotterdam Film Festival announces June 2021 hybrid programme    Old Cairo's Al-Fustat will be revamped on Egyptian President's directives    Veteran Egyptian journalist Makram Mohamed Ahmed passes away at 86    Allianz Egypt partners with IGNITE to equip brand ambassadors for 2021 Olympics    Hassan Allam consortium wins contract to manage, operate Grand Egyptian Museum    Enhanced Labs signs Mr. Olympia 2020 "Big Ramy" And His Trainer Dennis James    Seasoned Egyptian screenwriter Wahid Hamed dies at 76    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





Egypt allocated EGP 104 bln in public investments to Upper Egypt over three fiscal years: Planning minister
Published in Ahram Online on 04 - 03 - 2021

Public investments directed to Upper Egypt during FY2018/2019 through FY2020 / 2021 amounted to EGP 104 billion, with a growth rate of about 27 percent, compared to the three previous years, Minister of Planning and Economic Development Hala El-Said announced on Thursday.
The figures came within the Citizen Investment Plan report issued by the planning ministry that focuses on citizens' investment plans for the current FY2020/21 in Upper Egypt governorates.
The report showed that the number of development projects in Assiut reached 392 projects and that the value of public investments directed to the governorate in the 2020/21 plan amounts to EGP 7.1 billion, an increase of 16 percent from the 2019/20 plan.
The report indicated that the number of development projects in Luxor is 174 projects, and the value of public investments directed to the governorate in FY2020/21 plan is EGP 2.6 billion, an increase of 45.2 percent over the FY2019/20 plan.
For Fayoum, the report said that the number of development projects there has reached 191 projects, with a total of EGP 2.9 billion in public investments allocated in the FY2020/21 plan, an increase of 38 percent over the 2019/20 plan.
In Minya, the number of development projects has reached 327 projects, with total public investments amounting to EGP 4.1 billion in FY2020/21, an increase of 10.8 percent over the 2019/20 plan.
Looking at Qena, the number of development projects has reached 323, and the value of public investments directed to it in FY2020/21 plan is EGP 6.6 billion, an increase of 59 percent over the 2019/20 plan.
Concerning Aswan, the number of development projects in the governorate has reached 273 projects, with allocated public investments worth EGP 6.9 billion in FY2020/21, an increase of 73 percent over the 2019/20 plan.
The report stated that the sustainable development plan for FY2020/21 attached great importance to the development of Upper Egypt's governorates, intending to bring about real, tangible, and rapid development that would improve the quality of life and provide decent living opportunities.
The report added that the spatial dimension is one of the main determinants of achieving comprehensive and sustainable development, in a way that ensures the achievement of balanced growth between the various regions of Egypt and the governorates.
The report pointed out the development plan's interest in policies and potential programs aimed at achieving convergence in living standards and incomes between regions by addressing development gaps and pushing development efforts in line with the components, characteristics, and priorities of each region.
Moreover, the report noted that a strong development push will be dedicated to promising areas to exploit existing opportunities and provide more job opportunities for youth.


Clic here to read the story from its source.