Egypt to unveil projects worth $860m in collaboration with private sector

This file photo shows workers assemble and pack oranges at a factory in El Nobaria, northeast of Cairo. Reuters

RIYADH: Development projects worth 16 billion Egyptian pounds ($860 million) will be rolled out in 2022 in partnership with the private sector, CNBC reported citing an official heading a Finance Ministry unit that deals with the private sector.
Ater Hannoura said executive regulations governing public-private partnership will be issued soon.
He said the contracts with the private sector will be long term and subject to clear-cut mechanisms.