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Egypt eyes USD 80 billion as part of new investment plan for 2022

Article-Egypt eyes USD 80 billion as part of new investment plan for 2022

Egypt targets 125% increase in the production sector and 30% in the service sector

As part of a new investment plan for 2021/2022, Egypt is targeting USD 80 billion, a plan which forecasts 125% increase in funding for the production sector and a 30% increase for the country’s service sector.

The figures were announced by the Egyptian Minister of Planning and Economic Development Hala Al-Saeed.

Egypt is looking to significantly invest in public spending, healthcare, education, and scientific research, technology, manufacturing, and agriculture.


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