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2019-09-02 12:25:00

EGYPT'S ELECTRICITY INVESTMENT $6.8 BLN

EGYPT'S ELECTRICITY INVESTMENT $6.8 BLN

AAA - Egypt's Ministry of Planning said the total investments targeted for the electricity sector during the fiscal year 19-2020 was estimated at 111.9 billion pounds ($6.8 billion), equivalent to 9.6 percent of the total investments.

Minister of Planning Dr. Hala al-Saeed said the target is to increase the production of the sector at current prices during this fiscal year to about 171.4 billion pounds compared to about 146.4 billion pounds during the year 18-2019, a growth rate of 17 percent.

The government also targets increasing production at fixed…

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Tags: EGYPT, ELECTRICITY, INVESTMENT
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