Al-Mashat confirmed that there are major obstacles preventing countries from participating in the private sector in infrastructure projects, related to the risks associated with implementing these projects, and the ability of governments to structure bankable projects and mitigate the size of the risks of participation in those projects.
Former official highlights Ras El Hekma project's role as a game-changer in Egypt's development landscape.
Cairo's housing sector sees significant investment as government allocates EGP 29.6 billion in 2023/2024 plan.
The bank has pledged $6 billion in financing for Egypt, including $3 billion to support government policies.
Egypt's "Decent Life" project enters its second phase with a focus on vital infrastructure development, including hospitals, roads, and water projects.
