( 3minutes read)
· Madbouly said that Egypt’s Vision 2030 targets to improve quality of life for all citizens in rural and urban areas
· The country is establishing 30 new cities within the next four years at investment cost of nearly L.E. 700 billion, to accommodate 30 million people. The government is also trying to relocate citizens from unsafe residents to new housing units
· Madbouly said that Egypt’s Vision 2030 targets to improve quality of life for all citizens in rural and urban areas
· The country is establishing 30 new cities within the next four years at investment cost of nearly L.E. 700 billion, to accommodate 30 million people.
Egyptian Prime Minister Mostafa Madbouly said that the country iscur rently implementing 21,000 projects that are set to be finalized within the coming three years. He was inaugurating Al-Fayrouz fish farming project; the largest of its kind in the Middle East. The total cost of the national mega projects is L.E. 5.8 trillion, with more than L.E. 3 trillion are spent so far.
Madbouly said that Egypt’s Vision 2030 targets to improve quality of life for all citizens in rural and urban areas. The country is establishing 30 new cities within the next four years at investment cost of nearly L.E. 700 billion, to accommodate 30 million people. The government is also trying to relocate citizens from unsafe residents to new housing units.
The country, he said, spent L.E. 220 billion to develop the railway facility, and has achieved surplus in its electricity production after investing more than L.E. 500 billion in the sector, said Madbouly.
He explained that Egypt connects with all neighboring countries to export electricity, aiming to become an energy hub in the region. Egypt is exerting great efforts to develop Egyptian ports, with an overall investment cost of L.E. 50 billion dedicated to raise efficiency of dry ports, “to make Egypt a hub for global trade and provide all services.”
The state is fully working to develop health affairs, the minister Said citing “100 Million Healthy Lives” initiative that was launched by President Abdel Fatah al-Sisi among other initiatives to end waiting lists in surgeries, improve women health, and to examine students’ health status at schools and universities. Egypt seeks to apply the newly-established comprehensive health insurance system within 10 years instead of 15 years, he added.
