Minister of Planning, Economic Development, and International Cooperation during the discussion of the Economic and Social Development Plan before the Planning and Budget Committee of the House of Representatives

We aim to increase the share of private investments in total investments to 63% in the next fiscal year’s plan, compared to 56% expected in the current fiscal year.

 

Investment-to-GDP ratio is projected at 17% in the upcoming fiscal year’s plan.

 

EGP 20 billion allocated in the development plan to continue implementing the Universal Health Insurance Project.

 

We aim to reach 55% green public investments in the next fiscal year.

 

Ongoing follow-up by the Prime Minister on completing projects under the presidential initiative "Hayah Karima."

 

 

H.E. Dr. Rania A. Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, pointed out that the investment-to-GDP ratio is expected to rise to 17% in the economic and social development plan for the upcoming fiscal year, compared to 15% in the current year.

 

H.E. Dr. Al-Mashat noted that private investment is expected to account for 56% of total investments in the current fiscal year, with a target increase to 63% next year, compared to 37% for public investments.

This was during the meeting with members of the House of Representatives’ Planning and Budget Committee, chaired by H.E. Dr. Fakhry El-Feky.

 

H.E. Minister Al-Mashat also reviewed the structure of total investments in the 2025/2026 fiscal plan, which amounts to EGP 3.1 trillion — including EGP 1.158 trillion in public investments and EGP 1.94 trillion in private investments. Human development will represent about 46.8% of government investments, while 35.4% is allocated to industrial development and infrastructure, and 17.8% to local development.

 

H.E. Dr. Al-Mashat emphasized the government's strong focus on implementing the Universal Health Insurance system. In the first phase, the Ministry has allocated around EGP 40 billion for six governorates (Port Said, Suez, Ismailia, Aswan, Luxor, and South Sinai), including EGP 8.5 billion for five university hospitals, and about EGP 31.5 billion for Ministry of Health hospitals and affiliated entities (14 hospitals, 155 primary care units).

 

H.E. Dr. Al-Mashat outlined that the 2025/2026 plan includes EGP 20 billion for the second phase of the health insurance system in five governorates (Kafr El-Sheikh, Minya, Damietta, Matrouh, and North Sinai). This includes EGP 20 billion for Ministry of Health hospitals and 516 primary care units across 53 hospitals, and about EGP 447 million for seven university and Al-Azhar hospitals.

 

The Minister also highlighted the ongoing coordination with Prime Minister, H.E. Dr. Mostafa Madbouly to ensure the completion of all unfinished projects under the "Hayah Karima" initiative. She reviewed investments in education, technical education, higher education, and scientific research through public investment.

 

H.E. Dr. Al-Mashat added that the Ministry is currently developing detailed policies for the second phase of the National Project for the Development of the Egyptian Family. Regarding energy, she pointed to state efforts to expand renewable energy and integrate related projects under the “NWFE” program through network investments, aiming to reduce reliance on imported gas and fossil fuels.

In the industrial sector, the upcoming fiscal plan includes key targets, such as completing the leather city project in Robiki. This includes enhancing and expanding the industrial wastewater treatment plant from 8,000 m³/day to 24,000 m³/day, and then to 36,000 m³/day ("Laser and More" works), along with water-related works. The plan also includes continued development in Upper Egypt (Qena and Sohag), specifically improving industrial zone infrastructure in coordination with the Ministry of Local Development.

 

In agriculture, H.E. Minister Al-Mashat stated that the government aims to complete sustainable agricultural investment projects, improve living standards, and establish three integrated agricultural service centers for development communities in North and South Sinai. The plan also includes surveying, classifying, and assessing land for national agricultural projects and promoting climate adaptation in desert environments in Matrouh under the PRIDE project.

 

In conclusion, H.E. Dr. Rania Al-Mashat reiterated Egypt’s commitment to transitioning to a green economy and incorporating environmental sustainability as a key pillar of development. The 2025/2026 plan aims to reach 55% in green public investments.