Minister: Investments for Red Sea in 2022/2023 worth EGP7.9 billion

Planning and Economic Development Minister Hala El Saeed said public investments in the Red Sea governorate hit EGP7.9 billion in the 2022/2023 plan; an 88% increase compared with the 2021/2022 plan.The figures were revealed on Saturday 21/01/2023in an…

Planning and Economic Development Minister Hala El Saeed said public investments in the Red Sea governorate hit EGP7.9 billion in the 2022/2023 plan; an 88% increase compared with the 2021/2022 plan.

The figures were revealed on Saturday 21/01/2023in an investment report issued on the national day of the Red Sea governorate.

These figures represent 1.9% of the total public investments, covering nearly 240 development projects.

The Planning Ministry is keen to enhance the participation of citizens in the development process, El Saeed added.

Source: State Information Service Egypt

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