Minister of Investment Mahmoud Mohieldin announced Tuesday that infrastructure projects account for 5 percent of investments in Egypt compared to 25-40 percent in South East Asia, reported Al-Ahram
He added that infrastructure projects need to increase in the coming period, according to Beltone Financial’s daily market report.
Mohieldin highlighted three main areas that need to be invested in, including infrastructure, renewable energy and small and medium-sized enterprises.
He noted that in order to attract investments there needs to be an expansion of industrial projects, the establishment of logistical services and energy savings, in addition to the increased promotion of PPP projects, Beltone reported.
