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Egypt aims to invest $16bln in transport sector in FY21/22

Finanza JIACC

(Source Zawya) – The Egyptian Minister of Planning and Economic Development, Hala El-Saeed, reviewed the investments allocated for the transport sector for fiscal year (FY)21/22 estimated at EGP 244.7 billion, a leap of 104% from the target investments for FY20/21, 

The transport sector is planned to grow by 3.8% in FY21/22 and its production is expected to rise by 9.1% to EGP 469 billion  thus contributing 4.7% to the GDP.

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