Egypt assigns EGP 5bn to develop 130 villages

The Egyptian Ministry of Local Development will develop 130 villages in 26 governorates at a total cost of 5 billion Egyptian pounds ($239.2 million).

Five villages of each governorate are selected as part of National project for the development of Egyptian villages, the minister of local development Mahmoud Shaarawy, said.

A total of 160 projects have been chosen to be implemented in the target villages at an estimated cost  821 million pounds

An amount of 551 million pounds has been allocated by the ministry for fiscal year 2019/2020. In addition, an amount of 270 million pounds has been allocated by the Central Agency for Reconstruction

Moreover, 78 electricity projects, 55 roads and bridges, and 15 drinking water projects are being implemented at a cost of 300 million pounds, 317 million pounds, and 53.27 million pounds, respectively.