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Minister of Local Development: Implementation of investments worth 343 billion pounds in Upper Egypt within 6 years

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Shaarawy: Implementing 2575 projects in “Qena” and “Sohag” in the Local Development Program in Upper Egypt

Major General Mahmoud Shaarawy, Minister of Local Development, said that since 2014, with President Abdel Fattah El-Sisi assuming responsibility, there is increasing interest from the Egyptian state in all its ministries and institutions in Upper Egypt.

This came during the minister’s speech at the symposium organized by the Bibliotheca Alexandrina entitled “Upper Egypt is changing” in the presence of Dr. Nevin El-Kabbaj, Minister of Social Solidarity, Dr. Mostafa El-Feki, Director of the Bibliotheca Alexandrina, and a number of experts, intellectuals, academics and members of the House of Representatives and Senators to present the development efforts of the state in Upper Egypt since year 2014.

The Minister of Local Development indicated that the interest of the state, the president and the government in Upper Egypt comes in implementation of Article 236 of the Constitution, which stipulates the state’s commitment to developing and implementing a comprehensive economic and urban development plan for border and deprived areas, including Upper Egypt, Sinai, Matrouh, and Nuba regions, with the participation of its Prime Time Zone in development projects and in the priority of benefiting Including, taking into account the cultural and environmental patterns of the local community.

On the features of the state’s investments in Upper Egypt during the period from “2014-2021”, Shaarawy said that the total investment volume of the Egyptian state in Upper Egypt amounted to about 343 billion pounds, and there is a continuous increase in the volume of annual investments directed to Upper Egypt, as these investments have doubled for the ten governorates of Upper Egypt. About 8 billion pounds annually in 2009-2010, to 21 billion pounds in 2014-2015, up to 41 billion pounds in 2020-2021, which represents more than 20% of the total government investments.

He explained that the total investments in local development programs, initiatives and programs supervised by the ministry amounted to approximately 48 billion pounds during the period from 2014 to 2020 in the ten governorates.

He explained that the investments of the local development programs came at the forefront of investments with a total of 25 billion pounds, of which nearly 14 billion pounds for the programs of local road paving and public lighting, which is integrated with the investments made by the state in the regional road sector and development axes of interest to the President.

He said that the local development program in Upper Egypt is partly financed by a loan from the World Bank, and aims to make a qualitative leap in the governorates of Sohag and Qena, and to build an integrated development model that will be generalized to the rest of the governorates.

Shaarawy added that the ministry began actual implementation in Sohag and Qena from January 2018, and the program met with great success, one of which was the approval of the World Bank and the government to extend it geographically to include Assiut and Minya during the current year.

He pointed out that through the program, investments worth 16 billion pounds are pumped into the sectors of supporting competitiveness and economic development, and improving infrastructure until the end of the fiscal year 2019-2020, as the total number of projects funded by the local component and loan allocations amounted to about 5.8 billion pounds, in addition to about 6.5 billion. EGP plan for the current fiscal year.

He explained that the total number of projects that were funded until the end of the fiscal year 2019-2020 amounted to about 2575 projects in the two governorates distributed over the sectors of drinking water, sanitation, roads, transportation, covering canals, economic development and strengthening local units, and it is planned to pump large investments to accompany and raise the efficiency of industrial areas and support economic blocs. In the two governorates.

The article, Minister of Local Development: The implementation of investments worth 343 billion pounds in Upper Egypt within 6 years, it was written in the Al-Borsa newspaper

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