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9% increase in rate of financial investments of organised private sector companies in 2015: CAPMAS - Daily News Egypt

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9% increase in rate of financial investments of organised private sector companies in 2015: CAPMAS

Value of fixed assets reached EGP 286.1bn


The value of financial investments reached EGP 61.5bn in 2015 compared to EGP 56.4bn in 2014, an increase of 9%, according to the Central Agency of Public Mobilization and Statistics (CAPMAS).

A recent CAPMAS report on financial statistics and indicators on the organised private sector companies in 2015 indicated that the increase in financial investments came in the sectors of transformative manufacturing, especially the base metals industry activity, and also the telecommunications and information activities sector.

CAPMAS added that the value of fixed assets reached EGP 286.1bn in 2015 compared to EGP 249.2bn in 2014, an increase of 14. 8 %. This included increases in the quarry mining sector, especially oil and natural gas activity, and the transformative manufacturing sector, especially other non-metallic mineral products.

The value of paid-up capital reached EGP 104.7bn in 2015 compared to EGP 99bn in 2014, an increase of 5.8%. This was mainly driven by increases concentrated in the transformative manufacturing sector, especially other non-metallic mineral products, and information and communications activities.

In addition, CAPMAS noted that the value of distributed surplus reached EGP 11.1bn in 2015 compared to EGP 10.4bn in 2014, an increase of 6.6 %, driven by increases in the transformative manufacturing sector, especially the electrical appliances industry.

Finally, the value of projects currently underway reached EGP 35.6bn in 2015 compared to EGP 35.4bn in 2014, an increase of 0.7%, due to increases concentrated in the construction sector, especially buildings construction, as well as real estate and leasing.

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https://dailynewsegypt.com/2017/06/19/9-increase-rate-financial-investments-organised-private-sector-companies-2015-capmas/
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