CAIRO – 4 August 2022: The Egyptian government directed about 306.8 billion pounds in total targeted investments to the transport sector in the year of the 22/23 plan, compared to 240.7 billion pounds in the previous fiscal year. This was according to the document of the economic and social development plan submitted by the Minister of Planning Dr. Hala Al-Saeed and approved by both houses of the Parliament. The total cost of the project is about 159.7 billion pounds. Another project is the electric train ( Adly Mansour / Tenth of Ramadan / New Administrative Capital), with a total cost of about 50.8 billion pounds. The total number of projects targeted to be completed in the 2022/23 plan amounted to about 29 projects distributed by 11 projects, targeted to be completed with a length of 216 km.
Source: Egypt Today August 04, 2022 11:45 UTC