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Egypt to unveil development projects worth $860m

The Egyptian government will roll out development projects worth $860 million in 2022.
  • Executive regulations governing public-private partnership will be issued soon, an official of the Finance Ministry said
  • The contracts with the private sector will be long term and subject to clear-cut mechanisms, he added.

The Egyptian government will roll out development projects worth $860 million in 2022 in partnership with the private sector, according to an official of the Finance Ministry’s unit that deals with the private sector Ater Hannoura, CNBC reported.

Executive regulations governing public-private partnership will be issued soon, Hannoura said.

The contracts with the private sector will be long term and subject to clear-cut mechanisms, he added