Middle East Economic Survey

VOL. LIII

No 51

20-Dec-2010

EGYPT

Egypt Aiming To Attract E100bn For Infrastructure PPPs

Egypt is aiming to attract private investment amounting to E100bn ($17.25bn) for infrastructure projects over the next five years, Minister of Finance Yusuf Butros-Ghali said last week. The minister was speaking at a Public Private Partnership (PPP) investment summit sponsored by EFG Hermes and the ministry. Some 30-40% of the funding would be provided by the state, he added....