Egypt's govt investment plans in South Sinai worth EGP 1.363 bln in FY 2018-19: Minister

MENA , Ahram Online , Tuesday 4 Sep 2018

Hala El-Saeed
File Photo: Egypt's Planning Minister Hala El-Saeed 9Phot: Al-Ahram)

Egypt's Planning Minister Hala El-Saeed discussed on Tuesday with South Sinai Governor Khaled Fouda investment plans and projects due to be implemented in the governorate in the 2018-2019 fiscal year.

The total planned investments in South Sinai development are worth EGP 1.363 billion, she said.

The talks tackled the obstacles that may hamper the projects as well as preparations for the World Youth Forum due to be held in Sharm El Sheikh from 3 to 6 November.

Saeed approved channeling additional EGP 15 million for finalizing some electricity projects in the governorate.

Confronting the danger of floods, three dams were set up at EGP 25 million in addition to 191 man-made lakes in Saint Catherine, Fouda said, noting that an additional 50 lakes are in the pipeline.

Under the development plans, roads are renovated in addition to establishing water projects and water desalination stations, digging wells, building dams, proceeding with the construction of King Salman university and upgrading schools.

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