Government invests EGP 19.8B in PPPs in FY2023/24: Kouchouk
Updated 10/15/2024 3:02:00 PMArab Finance: The Egyptian government invested EGP 19.8 billion in public-private partnerships (PPPs) during the elapsed fiscal year (FY) 2023/2024, Minister of Finance Ahmed Kouchouk said.
The investments were directed toward projects in the fields of solid waste transformation, dry ports, transformer stations, electricity distribution grids, technical education, and strategic commodities warehouses, Kouchouk noted.
He added that the government targets new six PPP projects in the current FY, with investments exceeding EGP 27 billion.
Moreover, the government is looking into launching several projects to establish transformer stations, sewage treatment plants, technical schools, warehouses, and wholesale markets, the minister said.
He added that the government is working on empowering the private sector to participate in implementing public services and infrastructure projects.
Related News
