Sharqia Governorate Unveils 7.6 Billion EGP Investment Plan for 419 Projects in FY 2023/2024

The Ministry of Planning and Economic Development has revealed an ambitious and far-reaching Citizen Investment Plan tailored specifically for Sharqia Governorate, charting a transformative path towards prosperity and sustainable development in the region for the fiscal year 2023/2024. 

H.E.Dr. Hala El Said, Minister of Planning and Economic Development, articulated the plan’s strategic significance, emphasizing the central role of citizen engagement and the alignment with the overarching goals outlined in Egypt’s Vision 2030.

In her address, Dr. El Said underscored the imperative of spatial justice, economic empowerment, and equitable access to essential services as fundamental pillars of the plan, echoing the principles enshrined in the General State Planning Law No. 18 of 2022. This legal framework provides the foundation for participatory planning, fostering collaboration between stakeholders and advancing sustainable development practices tailored to the unique needs and aspirations of Sharqia Governorate.

The Citizen Investment Plan for Sharqia Governorate represents a holistic approach to development, with a robust allocation of 7.6 billion Egyptian pounds dedicated to implementing 419 diverse projects across various sectors. These initiatives span infrastructure development, education, healthcare, agriculture, and beyond, reflecting a comprehensive strategy aimed at addressing the multifaceted challenges and opportunities facing the region.

Key highlights of the plan include a strategic focus on the housing sector, with 44% of the total investment directed towards initiatives aimed at improving housing accessibility and affordability for residents. Additionally, substantial allocations are earmarked for pre-university education, local development, transportation, and rural development, underscoring the government’s commitment to fostering inclusive growth and enhancing quality of life for all residents of Sharqia Governorate.

Furthermore, the plan incorporates targeted interventions under the Egyptian Rural Development Project “Decent Life,” encompassing 41 villages and benefiting over 351,000 residents. These initiatives encompass a wide array of activities, ranging from infrastructure upgrades and healthcare facilities to educational enhancements and agricultural support, with the overarching goal of uplifting rural communities and narrowing development disparities.

In alignment with the government’s holistic vision for Sharqia Governorate, the Citizen Investment Plan prioritizes strategic interventions in key sectors, including housing services, where 104 projects are slated to enhance access to social housing, clean water, and sanitation services. Simultaneously, investments in local development initiatives will focus on upgrading road networks, expanding electricity infrastructure, and promoting economic resilience, thereby laying the groundwork for sustained progress and prosperity in the region.

In conclusion, the unveiling of the Citizen Investment Plan for Sharqia Governorate represents a watershed moment in the region’s developmental trajectory, signaling a renewed commitment to inclusive and sustainable growth. Through strategic investments, collaborative partnerships, and innovative approaches, Egypt is poised to unlock the full potential of Sharqia Governorate, empowering its citizens and building a brighter future for generations to come.