Egypt has plans to launch 13-14 public-private partnership (PPP) projects in 2016, with total costs estimated at around US$2.5 billion.
The announcement was made by the director of the Egyptian finance ministry's PPP unit, Atter Hannoura, at an Abu Dhabi press conference on June 9th, 2015.
The total costs for the projects is currently estimated between EGP16 billion (US$2.1 billion) and EGP19 billion (US$2.5 billion).
Egypt has a total of 8 projects still planned for launch in 2015, with costs estimated at around EGP12 billion (US$1.57 billion). Key ventures are listed below:
One of the targets Egypt has for 2016 is diversification of its economy through new industries including the following: exportation of phosphoric acid, import/export of grains, importation of livestock and reparation and maintenance of ships.