$50bn SDG-targeted investment proposals at SDG Investment Fair
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Sisi welcomes 2023 with opening development projects in Sohag, encouraging voluntary work
President Abdel Fattah El Sisi welcomed 2023 with inaugurating development projects in the Upper Egypt governorate of Sohag which stood at over EGP 100 billion.
This falls within the state efforts to achieve the Sustainable Development Goals (SDGs) under Egypt Vision 2030.
During the inauguration of these projects on Thursday, the president said “I’m extremely proud as we are witnessing together today these achievements that are coming true and the great dream of our homeland whose features have begun to form a tangible reality on the ground.”
A documentary film was screened on the New Sohag governorate and the great development realized in all domains, especially in the fields of education, health, electricity, water, agriculture, and industry.
The documentary film also highlighted the achievements realized under the presidential initiative “DecentLife”.
President Sisi inspected Om Doma village, one of “Decent Life” villages in Tahta district.
Sisi hailed the efforts exerted by Decent Life volunteers, highlighting the importance of voluntary to realize development in the Egyptian community and accomplish the sustainable development plans.
He said “my directives were clear to all state agencies: prioritizing the development of Upper Egypt and integrating our efforts to achieve a development breakthrough whose effects will be directly reflected on citizens, whether at the level of services provided to them – especially regarding health, education, or development of the infrastructure. This shall be achieved in parallel with the major national projects being implemented to enhance the state’s assets and raise their value to support the economy. I unequivocally assure you that, with a real will, we are moving forward toward developing Upper Egypt and working diligently and sparing no effort to help achieve development, stability and a high-quality life they deserve.”
“The state has worked to strengthen the role of the private sector, attract direct investments to support macroeconomic indicators, implement initiatives and a strategy to localize local industry….despite all odds, we will go forward together, not only to overcome the crisis, but also to create a bright future,” the president added.
He said “the Egyptian state needs EGP 70 trillion not EGP 7 trillion in investments to implement the aspired projects to serve people.”
Earlier, Local Development Minister Hisham Amna said the Upper Egypt Local Development Program (UELDP) – which is being implemented in Qena and Sohag governorates in partnership with the World Bank – succeeded to accomplish projects in the fields of sanitation, transportation, drinking water, electricity, environment and urban development.
About 4,453 projects are being accomplished in the two governorates at EGP 16.39 billion.
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