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Wednesday, 08 April 2020

Investment minister, World Bank mission confer on Upper Egypt development program

MENA , Tuesday 20 Nov 2018
Investment minister
Egypt's investment minister Sahar Naser with the WB delegation in Cairo on Tuesday (Photo: Ministry of investment and international cooperation)
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Investment and International Cooperation Minister Sahar Nasr conferred with the mission of the World Bank on the development program of the Upper Egyptian governorates.

The Ministry of Investment funded the program with 500 million dollars in Sohag and Qena.

The mission apprised Nasr of the results of their visit to both governorates.

The mission also lauded the progress done in implementing the projects according to a fixed timetable.

The bank is fully supporting the infrastructure projects in Egypt especially the program that targets developing Upper Egypt, the mission asserted.

The mission praised the recent economic legislation in Egypt which contributed to improving the business atmosphere and made the Upper Egyptian governorates in particular investment-attractive.

Nasr asserted the importance of quickly implementing the program of developing Upper Egypt.

Nasr added that Sohag includes 27 projects and Qena includes 19 others that serve 8.2 million people in both governorates and contribute to creating more job opportunities for youth and women in the more needy places.

Nasr said that the State is keen on financing the most needy governorates to improve the services presented to the citizens

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