Over EGP 530 Billion in Public Spending Invested in Sinai Development

The Ministry of Planning, Economic Development and International Cooperation has announced that over EGP 530 billion has been invested in Sinai’s development from 2014/2015 to 2024/2025, with a focus on enhancing infrastructure and attracting private investment. The investments aim to enhance various sectors, including healthcare, education, agriculture, desalination and create job opportunities for Sinai residents.

Minister Dr. Rania A. Al-Mashat highlighted Sinai’s strategic importance and noted the government’s efforts in mobilizing concessional financing, particularly from Arab funds and international partners like USAID. These funds have supported projects such as desalination plants, residential clusters, and agricultural developments. The investment also aims to improve connectivity and promote industrial growth, bolstered by investment maps and services catering to over 7,500 companies.

In the 2024/2025 fiscal year, the government plans to implement additional development programs, particularly in infrastructure, education, and healthcare, creating further opportunities for private sector involvement.