2 April 2014

Egypt: PM - Comprehensive Development Plans for Governorates

Prime Minister Ibrahim Mahlab left New Valley on Tuesday 3/4/2014 following a two-day official visit.

Accompanied by the ministers of local development, electricity, agriculture, water resources, health, housing and higher education, Mahlab visited some developmental and services projects in the governorate.

For his part, New Valley Governor Mahmoud Khalifa saw Mahlab off at al-Kharga airport. He thanked Mahlab and other ministers for the valuable visit.

Before leaving the governorate, Mahlab said in a press conference that his tour comes within the framework of the governorate's importance, as it represents 44% of Egypt's area.

Mahlab also announced having comprehensive development plans for governorates that would not be badly affected by governers' reshuffles. He also added that about LE20 billion entered Tuesday the Central Bank of Egypt via soft interest rates for 20 years.

Moreover, the premier announced the establishment of an international industrial city in Abu Tartous for producing phosphate compound fertilizers with a view to meeting the needs of the local market and exporting the surplus abroad.

For his part, Local Development Minister Adel Labib said that LE20 billion had been allocated for carrying out the national project for providing youth with openings in governorates that implies the carrying out of small projects countrywide.

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