Ministry of Planning and Economic Development reviews the objectives of the plan for FY 21/2022 in Upper Egypt

In a report issued by the Ministry of Planning and Economic Development, the objectives of the plan for the current fiscal year 21/2022 in Upper Egypt governorates were reviewed.Dr. Hala El-Said, Minister of Planning and Economic Development, said that the development plan pays special attention to spatial policies and programs that aim to achieve convergence in living standards and incomes between regions by addressing existing development gaps in line with the components, characteristics, and priorities of each region.
El-Said indicated that the plan directs government investments amounting to EGP 92.4 billion during the year 21/2022 to develop the governorates of Upper Egypt, with the southern Upper Egypt region acquiring the largest proportion of these investments, at 55.2%, at a value of EGP 51 billion. It is followed by the central Upper Egypt region with a value of EGP 22.1 billion, or 23.9 percent, while the government investments in the northern Upper Egypt region constitute 20.9%, with a value of about EGP 19.3 billion.Concerning investments directed to the region of southern Upper Egypt, the report of the Ministry of Planning and Economic Development indicated that Aswan governorate accounts for the largest percentage of investments directed to the region with 28.6%, followed by Sohag governorate with 25.7%, then the governorates of Qena and the Red Sea with close rates of 18.2% and 18 %, respectively, and in the last place, Luxor Governorate, with a percentage of 9.4%.The government investments allocated to Aswan Governorate amount to about EGP 14.6 billion, of which the other services sector accounts for the largest proportion of 56%, followed by the sanitation sector with 11.5 percent, then the transport, storage, and health services sectors by about 9.3% and 8%, respectively. As for the Red Sea Governorate, the total government investments allocated to it amount to about 9.2 billion pounds, of which the crude oil sector accounts for the largest proportion by about 32.3 percent, followed by the other services sector by 20.8%, and then the electricity sector by 20.6 percent.As for the Qena Governorate, the total government investments allocated to it amount to about EGP 9.3 billion. The other services sector accounts for the largest share of the total investments by about 54.6%, followed by the sanitation sector by 13.9%, then the educational services by 9.8%.

 The total government investments allocated to the Sohag governorate amount to about EGP 13 billion, with the other services sector taking the largest share at 60.2%, followed by the sanitation sector with 16.8%, then the educational services sector by 8.3%.Regarding the investments directed to the North Upper Egypt region, the report indicated that the Minya governorate comes in the first place with a value of EGP 8.4 billion, representing 43.5 percent of the total investments directed to the region, and the other services sector in the province accounts for the largest proportion of the value of investments by 70 percent, followed by the sewage sector by 11%. Beni Suef Governorate comes in second place and accounts for EGP 5.6 billion, representing 29% of the total investments directed to the North Upper Egypt region. The other services sector comes at the forefront of the sectors with about 37% of the total investments directed to the governorate.Fayoum Governorate comes in third place and is allocated about EGP 5.3 billion or 27.5% of the value of government investments directed to the region.Concerning investments directed to the central Upper Egypt region, the report indicated that the Assiut governorate accounts for the largest proportion of the total investments, at 61.2%, at a value of EGP 12 billion. The New Valley Governorate comes in second place with a rate of 38.8% and a value of about EGP 7.6 billion. The electricity sector accounts for the largest proportion of the total targeted investments directed to the New Valley Governorate by 34.3 percent.