Investments for the Red Sea in 2022/2023 worth EGP7.9 billion: Planning Minister
21 January 2023
Investments for the Red Sea in 2022/2023 worth EGP7.9 billion: Planning Minister Planning and Economic Development Minister, Dr. Hala El-Said said public investments in the Red Sea governorate hit EGP7.9 billion in the 2022/2023 plan; an 88% increase compared with the 2021/2022 plan.
The figures were revealed on Saturday 21/01/2023in an investment report issued on the national day of the Red Sea governorate.
These figures represent 1.9% of the total public investments, covering nearly 240 development projects.
The Planning Ministry is keen to enhance the participation of citizens in the development process, El-Said added.