EGP 8.5 bln Joint Ventures Between Public, Private Sectors In 2013

Egypt’s Minister of Investment, Osama Saleh, stated that at the end of 2012 that state’s plan, which aims at presenting 15 projects via the system of partnership between the private and public sectors, will be announced. At the start of 2013 it will be presented.
These projects will serve the fields of water, roads, hospitals and railways, with EGP 8.5 billion costs.
He added that the ministry will consider the development of Suez Canal, by which 7.5% of global trade volume pass. The development is through proposing logistics, agriculture and  industrial projects, in addition to repairing ships.
The minister elaborated that the state consider the partnership with the private sector, as  it is flexible and has prime technological capabilities.