Egypt’s Planning Minister Hala El-Saeed has unveiled that 490 development projects were implemented in the state’s different sectors during Q1 of FY 2018/19, at a total cost of EGP 27.2 bn, Invest-Gate reports.
In addition, 38 projects were implemented in the local development sector at a total cost of EGP 217.5 mn during the same period, according to the planning ministry monthly report on December 15.
The report revealed all the implemented projects for all sectors, showing the objectives and the total cost for each one.
Implemented projects include the construction of the new administrative building of Beni Suef governorate on the Nile bank, which first commenced in September 2014 and was completed in October 2018, costing EGP 125 mn and aiming to raise the efficiency of the government’s performance in order to develop the services provided to citizens.
In addition, construction works at the Somosta Traffic Unit’s project in Beni Suef started in January 2017 and ended last September, with total costs of nearly EGP 2.05 mn, aiming to provide security and safety for the enclosed buildings.
The projects also comprised the construction of another administrative building in Al-Ghazlan district in Bir El-Abed, North Sinai, which started in October 2017 and ended in July, at a cost of EGP 1.87 mn, in order to facilitate the administrative services offered to citizens in the area, according to the report.
Meanwhile, El-Saeed said during a conference on December 16 that the Egyptian government has been working over the past four years to pump public investments that surpassed EGP 960 bn.