Development projects in 6th of October City cost EGP 6.9 bln: Madbouli

Prime Minister Moustafa Madbouli said that total investments spent by 6th of October City Council on development projects in 2017/2018 fiscal year hit 6.9 billion Egyptian pounds.

The initial plan in this regard stood at 5.7 billion pounds , he said, adding that this means that investments surpassed the planned funding by 1.2 billion pounds, according to a statement issued by the Ministry of Housing.

These investments are channeled into projects in the sectors of sanitary drainage, water, roads, electricity, low-cost housing and telecommunication, he added.

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