Egypt eyes 65% private sector contribution to state investments

A general view of buildings by the Nile River in Cairo, Egypt July 2, 2019. Mohamed Abd El Ghany.REUTERS

Madbouly noted that the country is keen on encouraging the private sector to promote its participation in different development and services projects

Staff Writer, Arab Finance

January 29, 2024

PHOTO
A general view of buildings by the Nile River in Cairo, Egypt July 2, 2019. Mohamed Abd El Ghany.REUTERS

Egypt is seeking to raise the private sector’s contribution to the state’s total investments to 65%, Prime Minister Mostafa Madbouly stated.

Madbouly noted that the country is keen on encouraging the private sector to promote its participation in different development and services projects.

This came during a meeting held by the prime minister to follow up on the efforts exerted respecting the cooperation with the private sector to implement infrastructure projects.

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