Egypt's "Decent Life" project enters its second phase with a focus on vital infrastructure development, including hospitals, roads, and water projects.
In the first quarter of the fiscal year 2023/2024, private investment amounted to approximately EGP 154 billion, an increase from the previous estimate of EGP 114 billion
The directive emphasizes the need to actively explore and capitalize on all available development prospects while ensuring that investments are channeled in a manner that maximizes benefits for the citizens
At fixed prices, the corresponding values are expected to be about EGP 560 billion, compared to EGP 420 billion in 2023/2024, representing a growth rate of approximately 33.3%
In FY22/23, Egypt expected an increase in private investments by around 31%, in addition to an actual rate of 29% in FY 21/22
