23 November 2012

Egypt: Qandeel - EGP 276 New Investments With Participation of Private Sector

Prime Minister Dr. Hisham Qandeel said the government will pump in almost EGP 276 billion in investments at the business sector, and economic organizations with the participation of the private sector in the plan of the fiscal year 2012/2013.

The plan aimed at increasing growth rates and creasing more job opportunities.

The Prime Minister gave the statement during his meeting with the committee in charge of investments map which was attended by Investment Minister and representatives of finance, industry and domestic trade ministries.

Qandeel discussed means to attract more investments and foreign and Arab capital and Egyptians abroad investments.

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