Ministry of Planning and Economic Development reveals features of the “Citizen Investment Plan” in Fayoum governorate for FY 2020/21

Dr. Hala El-Said: The sustainable development plan for the FY 2020/21 attaches great importance to the development of Upper Egypt governorates to bring about real, tangible and rapid development
EGP 2.9 billion of public investments directed to Fayoum governorate in the FY 2020/21 plan, an increase of 38% over the FY 2019/20 plan
191 development projects in Fayoum governorate including establishment of 97 schools, 1202 classrooms

The Ministry of Planning and Economic Development announced the features of the "Citizen Investment Plan" in Fayoum governorate for the fiscal year (FY) 2020/21. The announcement came as part of the continuation of revealing the citizen's plan in all Egyptian governorates for the second year in a row.
Minister of Planning and Economic Development Hala El-Said said that the sustainable development plan for FY 2020/21 attaches great importance to the development of Upper Egypt's governorates.
"The plan intends to bring about real, tangible and rapid development, which is reflected in improving the quality of life," She added.Ensuring spatial justice is one of the main determinants of achieving comprehensive and sustainable development, El-Said explained.El-Said indicated that the potential development efforts are based on three pillars, namely giving priority to the development of Upper Egypt governorates, focusing on the rural areas most in need to reduce migration to urban areas, and finally giving a strong development push for promising areas to exploit existing opportunities and provide more job opportunities for youth.Regarding Fayoum governorate’s Citizen Investment Plan, El-Said said that there are 191 development projects in the governorate, with EGP 2.9 billion in public investments directed to the governorate for FY 2020/21.The figure reflects an increase of 38% compared to the sum the governorate received in FY 2019/20 and represents 1.1% of the total public investments distributed across the country. El-Said added that the growth rate in investments financed by the public treasury and directed to Fayoum Governorate stands at 28%.Concerning the distribution of public investments in Fayoum governorate in the FY 2020/21 plan, El-Said indicated that EGP 988 million of investments were directed to the housing sector and the development of informal settlements representing 34%. While the local development sector will receive EGP 491.6 million, or 17%, and the pre-university education sector investments amounted to EGP 411 million, by 14.2%.Furthermore, the higher education sector allocations recorded EGP 276 million or 9.5%, the electricity sector EGP 173 million or 6%, and the other sectors are invested in the amount of EGP 560.4 million, or 19.3%.
The report of the Ministry of Planning and Economic Development stated that the most important development goals in the housing sector in Fayoum are to direct about EGP 540.3 million to drinking water and sanitation services.Concerning the pre-university education sector, the plan aims to establish of 97 schools that include 1202 classes.The report pointed to the most important electricity sector projects in the governorate are namely, transferring and rerouting the electrical network that contradicts the national project for the development of national roads, in addition to completing the electrical supply for the project of extracting minerals from black sand.Moreover, the plan aims to complete construction of the College of Nursing and other university facilities at the university campus and in new Fayoum city.It is worth noting that the citizen plan covers the most prominent features of the sustainable development plan for FY 2020/21 at the national level and the most important economic indicators for each governorate. This is represented in the gross domestic product (GDP), the real growth rate, the unemployment rate, the number of workers.It also includes the value of public investments directed to the governorate in FY 2020/21, their distribution to different sectors, and the number of projects under implementation in each governorate.