Planning minister reviews investment plan with Menoufeya governor

Ahmed Rostom met Amr El-Gharib to review development projects in Menoufeya under Egypt Vision 2030.

Ahmed Rostom, Minister of Planning and Economic Development, met with Amr El-Gharib, Governor of Menoufeya, during a field visit on 2026-05-24. They reviewed projects under the economic and social development plan and assessed service improvements aligned with Egypt Vision 2030.

Governorate officials presented the 2025/2026 plan covering roads, transportation, environmental improvement, and infrastructure. Implementation rates exceeded 90 percent. Priorities for the 2026/2027 fiscal year include 84 projects in infrastructure and urban development.

Rostom directed logistical support including 25 devices, 15 scanners, 10 printers, and three queue management units for technological centres. He stressed directing resources to priority areas such as drinking water and sanitation.

El-Gharib highlighted ongoing efforts to maximize investments and achieve high completion rates in line with Egypt Vision 2030.

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Egypt’s Minister of Planning and Economic Development, Ahmed Rostom, and Minister of Housing, Utilities and Urban Communities, Randa El-Menshawy, held an expanded meeting to review the outlines of the investment plan for fiscal year 2026/2027 and the medium-term investment strategy for 2026-2030. The meeting forms part of ongoing coordination between the two ministries to enhance public investment efficiency and support the objectives of Egypt Vision 2030. It highlighted the housing and urban development sector’s role as a key driver of economic growth.

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Prime Minister Mostafa Madbouly chaired a high-level meeting on Sunday to review executive plans for developing the Sinai Peninsula and boosting investments, as part of the government's strategy for balanced urban growth. Officials reported that 975 projects worth EGP 638 billion have been implemented since 2014. The efforts aim to drive economic growth and increase population density in the region.

Minister of Planning and Economic Development Ahmed Rostom told parliament that Egypt’s economy is projected to grow by 5.4% by the end of fiscal year 2026/2027, rising to 6.8% by the end of the medium-term plan in 2029/2030. The government adopted a cautious growth scenario amid regional and global uncertainty.

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Prime Minister Mostafa Madbouly met with Ahmed El Sewedy, president and CEO of Elsewedy Electric, to review the company’s strategy and expansion plans.

 

 

 

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