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Egypt allocates 55 % of development aid for infrastructure
The Egyptian Gazette Published in The Egyptian Gazette on 15 - 07 - 2018

CAIRO, July 15 ,2018 (MENA) - Egypt allocated about 55 percent of development aid for upgrading the infrastructure in order to incentivise investments, according to a report prepared by the Ministry of Investment and International Cooperation.
Investment Minister Sahar Nasr will read out the report on Sunday during a high-level forum of the UN Economic and Social Council (ECOSOC), currently taking place in New York.
The report - under the theme of investment in development to attain sustainable development goals - said about 17 percent of the development assistance Egypt has received went for supporting the housing and utilities sector as well as renovating slum areas.

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