News Column

New Investments in Petroleum, Electricity Sectors

July 7, 2014

The Ministry of Planning said that the volume of targeted investments in the petroleum sector during 2014-2015 reaches nearly EGP 6.35 billion.

The ministry explained that the private investment and cooperative sector accounts for EGP 3.94 billion, equaling 92%, of these investments.

The economic development plan for the next year showed that the volume of targeted investments in the electricity sector during the current financial year reaches nearly EGP 7.62 billion.

The Egyptian Electricity Holding Company will implement EGP 3.22 billion, equaling 83.5%, of these investments.

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Source: AllAfrica

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