The Ministry of Finance has announced the signing of contracts with eight Egyptian and Arab investment companies for the establishment of 24 language schools in seven governorates, Invest-Gate reports.

These schools will mark the launch of the national project of constructing and operating language schools, implemented under the scheme of the public-private partnership (PPP), according to a recent statement by the finance ministry.

Under the agreements, the schools will include 1,000 classrooms, at an investment cost of about EGP 650 mn, located at Cairo, Giza, Damietta, Gharbia, Sharqia, Qaliubiya, and Menoufia.

Finance Minister Mohamed Maait said that these contracts come as part of the government’s efforts to improve the quality of Egypt’s educational system, adding that the state supports the private sector in improving the public services.

In this regard, the ministry is working on attracting private investments to benefit from the sector’s expertise and operational efficiency in various fields.