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Reading: Planning Ministry implements 6,200 projects costing EGP 490bn in FY 2018/19
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Dailynewsegypt > Blog > Business > Planning Ministry implements 6,200 projects costing EGP 490bn in FY 2018/19
Business

Planning Ministry implements 6,200 projects costing EGP 490bn in FY 2018/19

Ahmed Farahat
Last updated: 2019/09/29 at 6:13 PM
By Ahmed Farahat 5 Min Read
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Hala Al-Saeed, Minister of Planning, Monitoring , and Administrative Reform, said the last fiscal year (FY) 2018/19 witnessed the implementation of 6,200 projects in various sectors and programmes, at a total cost of about EGP 490bn, of which 32 projects were national projects at a cost of EGP 54bn.

The Ministry of Planning, Monitoring, and Administrative Reform issued the executive summary of its quarter annual report, titled “Harvesting the construction phase”, for FY 2018/19.

The minister pointed out that 202 projects were implemented under the initiative “A Decent Life” at a total cost of EGP 944m, in addition to the completion of 34 projects within the Upper Egypt Development Programme at a total cost of EGP 222m.

The Minister of Planning pointed to the completion of 4,400 projects within the local development programmes at a cost of EGP 10.8bn.

In the same context, the ministry’s report confirmed that the implementation of 1,254 projects in the programme of “Road Paving” came at a total cost of more than EGP 3bn in 26 governorates. In addition, 392 projects were conducted under the “security, fire, and traffic” programme, costing about EGP 1.5bn. Also, 78 projects were finalised under the “Bridges and Tunnels” programme, at a total cost of EGP 1.7bn in 16 governorates.

With regard to the programme of “extension and strengthening of electricity and lighting networks”, Al-Saeed said 926 projects have been completed at a total cost of EGP 1.2bn. Besides, 775 projects have been implemented within the programme of “supporting the needs of local administrative units”, at a total cost of EGP 1.3bn. In addition, the last FY saw the completion of 981 projects in the “Environmental Improvement” programme, at a total cost of EGP 2.1bn.

With regard to national projects, the report of the Ministry of Planning pointed out that the most prominent of these projects are the fish farms in Port Said, El-Dabaa, and Sharq El-Tafrea at a total cost of EGP 12.8bn. Other major projects included the Damietta Furniture City built on 331 feddan, costing EGP 2.7bn, and Beni Suef Cement Complex with a production capacity of 12m tonnes annually at a cost of EGP 1.6bn. Moreover, the country saw the implementation of several roads and bridges at a total cost of EGP 1.4bn, as well as the El-Galala Plateau development project in Ain Sokhna at a cost of EGP 325m.

The report also dealt with other projects that were completed in FY 2018/19 in the field of petroleum and mineral resources, where 19 projects were completed at a total cost of EGP 277bn. In the field of electricity and renewable energy, 244 projects were completed at a total cost of EGP 76bn. Other 382 projects have been completed at a total cost of more than EGP 40bn in the field of housing. For transport and communications services, 44 projects at a total cost of EGP 16.7bn have been implemented. This is in addition to 263 projects worth EGP 2.4bn in the field of improving water resources and irrigation.

With regard to upgrading education, 569 projects have been completed at a cost of EGP 3.6bn in basic education, while nine others were conducted at a total cost of EGP 123m in the field of higher education. In addition, 11 university hospitals were developed with 63 beds were provided in intensive care units in these hospitals. A total of 26 new colleges and three public universities were also built.

The report also pointed out that 37 projects have been completed at a total cost of EGP 2.2bn in the field of improving health services.

As part of the government’s interest in the comprehensive development of Upper Egypt and border governorates, the ministry’s report pointed to the implementation of 2,585 projects at a total cost of EGP 42.3bn in the governorates of Assiut, Sohag, Aswan, Minya, Red Sea, North Sinai, South Sinai, Matrouh, Beni Suef, Luxor, New Valley, and Qena.

The minister pointed out that 34 projects were implemented within Upper Egypt’s development programmes, at a total cost of EGP 222m, with EGP 944m channelled to 202 projects in Sohag, Beni Suef, Minya, Assiut, and Aswan governorates as part of the “Decent Life” initiative.

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TAGGED: Hala Al-Saeed, Minister of Planning
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