El-Sisi Mandates Execution of EGP 30 bn Non-Profit Universities

El-Sisi Mandates Execution of EGP 30 bn Non-Profit Universities

President Abdel-Fattah El-Sisi has directed the Egyptian government to approve the development of several state-run non-profit universities, at a total cost of EGP 30 bn, Invest-Gate reports.

The new projects will be carried out on plots affiliated to the New Urban Communities Authority (NUCA), said Presidential Spokesman Bassam Rady in an official statement in early August.

This includes Suez Canal University in East Ismailia and Port Said University in El Salam City, Rady pointed out.

Besides, the Egyptian president urged to speed up the execution of phase II of modern technology universities in Tiba, New Assiut, 6th of October City, Borg El Arab, among other areas.

Egypt plans to establish these brand-new non-profit educational institutions to formulate some innovative degree holders, particularly in the technology sector, the spokesman concluded.

On the sidelines, El-Sisi reviewed updates on various private universities underway through both local and foreign investments, namely Red Sea’s Galala University, King Salman International University (KSIU), and more.

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