Security, infrastructure top priority for Egypt

Source : ET


Egypt’s population is estimated to reach 184 million by 2052, presidential aide for national and strategic projects Ibrahim Mahlab said Wednesday.

This number will require more than 60 million job opportunities, Mahlab said in a meeting with the students of the Faculty of Medicine at Alexandria University.

The presidential aide noted that security and infrastructure are a high priority for Egypt.

Meanwhile, Mahlab revealed that unemployment rate in Egypt has dropped to 11.3 percent, adding that the foreign investments in the country have registered $7.9 billion.

He also indicated that the Suez Canal revenues have recorded $49.6 billion.

Separately, Mahlab uncovered that the number of projects implemented so far has totaled 3,195 at a cost of LE 667 billion.

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