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· Egyptian Minister of Planning and Economic Development Hala El-Said stated that LE 4.4 trillion (US$255 billion) have been invested in national projects carried out between July 2014 and June 2021
· The minister said that during the period between July 2014 and June 2020, projects worth LE 2.4 trillion were completed in 22 sectors across Egypt
· That was in addition to the investment plan of FY 2020-21, consisting of public investments whose total value exceeded LE 2 trillion.
Egyptian Minister of Planning and Economic Development Hala El-Said stated that LE 4.4 trillion (US$255 billion) have been invested in national projects carried out between July 2014 and June 2021.
The minister said that during the period between July 2014 and June 2020, projects worth LE 2.4 trillion were completed in 22 sectors across Egypt. That was in addition to the investment plan of FY 2020-21, consisting of public investments whose total value exceeded LE 2 trillion. The minister indicated that the petroleum and mineral wealth sector topped the sectors in 2014-2020, in terms of the total cost of implemented projects, so as the investments it received amount to LE1.2 trillion.
The most important of these projects is the Zohr field development project. That has a production capacity of 2.7 billion cbm/day, in addition to the development of the northern fields Alexandria and West Nile Delta. The latter project has a production capacity of 0.7 billion cbm / day.
