These agreements will provide investments for the pilot phase valued at $12 billion, in addition to about $29 billion for the first phase, according to a statement by Minister of Planning and Economic Development, Hala El Said
Ayman Soliman stated that the three funds come to take advantage of the investment opportunities available in the Egyptian market and attract more investments.
The investment will enable the company expand its branch count to over 500.
The announcement was made with technical support from the Ministry of Finance's central unit for participation with the private sector.
