New Valley Governorate to Receive Investments Worth 13.2 Billion EGP in 2023/2024 Development Plan

The Ministry of Planning and Economic Development has released a report outlining the Citizen Investment Plan for the New Valley Governorate for the fiscal year 2023/2024. 

This comes as part of the continued effort to announce the Citizen Plan in all governorates of the republic for the fifth consecutive year. The aim is to raise awareness among citizens about the directions and priorities of the sustainable development plan for the fiscal year 2023/2024 and its role in achieving “Egypt’s Vision 2030.”

H.E. Dr. Hala El-Said, Minister of Planning and Economic Development, emphasized that launching the “Citizen Plan” reflects the state’s keenness to involve citizens in efforts to develop the planning and monitoring systems. This aims to achieve sustainable and comprehensive development, bridging developmental gaps between different governorates, localizing sustainable development goals, and realizing the 17th goal of the global Sustainable Development Goals: “Partnerships for the Goals.” 

She stressed that the citizen is the true focus of development and therefore must be empowered and provided with information about the programs and developmental projects implemented by the state. 

She added that all developmental plans adopted by the state aim to improve the quality of life for citizens, and this cannot be achieved without active community participation, aligning with “Egypt’s Vision 2030.”

Regarding the Citizen Investment Plan for the New Valley Governorate, El-Said explained that the number of developmental projects in the governorate reaches 242 projects. The total investment directed towards the New Valley Governorate in the 2023/2024 plan amounts to 13.2 billion EGP, representing a 238% increase compared to the previous year’s plan, excluding projects directed through the “Decent Life” Egyptian countryside development project.

As for the sectoral distribution of the targeted public investments in the New Valley Governorate for the 2023/2024 plan, the Ministry’s report indicated directing investments worth 10.7 billion EGP to the transport sector, representing 81%. The housing sector is allocated 736.7 million EGP, accounting for 6%. Local development receives 640 million EGP, or 5%. Higher education is allocated 387.6 million EGP, or 3%. The health sector is allocated 293 million EGP, or 2%, while other sectors receive investments worth 550 million EGP.

The report also clarified that the first phase of the “Decent Life” initiative targets 26 villages in the New Valley Governorate, benefiting a population of 29,000. The initiative includes projects that achieve all sustainable development goals, including 6 agricultural service complexes, 9 ambulance points, 8 health units, 102 classrooms, 13 schools, 2 family development centers, a rehabilitation center, 26 sewage projects, 6 treatment plants, 21 mobile network towers, 15 main and internal road paving projects totaling 67 km, 18 youth centers, 6 government service complexes, 5 post offices, and 24 electricity projects.