Page 111 - Benaa.Vol01

Report

benaa

EXPOT COUNCIL BUILDING, REFRACTORY & METALLURGY INDUSTRIES

Data of well-
planned geo- Geo- development
development map map ready by
ready by end of this 2013 to 15% by year end economy ment services to become hun-
tricity station with the capacity LE 140 investments to build year 2030. To approach thus making dred percent electronic by 2020
of 457 megawatt and water net- tunnels and LE12.5 billion to these goals the strat- better use of as well as the payments will
work to produce 150 cm a day. establish low-cost housing facil- The country's egy is meant to en- the Local en- help Cairo join the list of the
A new dry dock facility will ities, in addition to developing strategy calls upon hance the process of sustainable ergy resources, best forty states fighting wastes
also be established this year at 22 cities established during the the successive gov- growth both locally and on the both conventional and of government spending and the
Ain Al Sukhna costing LE350 past 20 years at a cost of LE28 ernments to strike regional level, speed up women renewable. The second list of government fighting inef-
million. In port Saeed, the gov- billion. a 12% growth rate during the and the disabled participation in major headline in this strategy ficiency and bias.
ernment is investing LE300 mil- Ashraf Al Araby, Minister of coming fourteen years, which the market and diversify the is transparency which is meant Education comes as the fourth
lion to establish the city's Planning, said that the ear- will increase the local econo- economy to maintain a competi- to enhance the government ad- headline in the strategy marking
smart valley, nine new piers at marked budget to develop the my's contribution to the global tive edge globally. Promoting ministrative body's professional an interest in achieving the best
the port costing LE4.5 billion, country's infrastructure is the economic process to 1% , thus the services sector especially approach to the needs of the de- possible educational standards
finalizing 6 major tunnels under biggest ever. According to him, echoing an increase of the indi- those involved with the produc- velopment process. The govern- that secures good level of crea-
the canal costing LE30 billion, the government earmarked vidual's share of the Gross do- tion process to reach 70% of the ment will thus finalize its data tive scientific research. Focus-
in addition to the current plan of LE100 billion, marking a 63% mestic product (GDP) to reach GDP meantime marking a 25% collecting process by the end of ing on building creative commu-
low- cost housing, sewerage, of the total public investments, $10.000 as against the current increase in the exports' sector's this year to manage a well- nity of researchers and
communication and electricity LE 75, 9 billion are dedicated $3436. The plan is also looking contribution to the country's planned geo- development map technology producers will help
networks which will cost LE4 for the housing program and the forward to half the public debt economy. that highlights the resources and the country's economic develop-
billion over the coming three construction development. The to the GDP, thus stabilizing the Citing seven major working needs of each part of the coun- ment process. Therefore, Cairo
years. transport sector will also get inflation rate to swing between sectors to be developed, the try as well as the human re- will increase its scientific re-
Mohamed bin Zayed's road LE12.3 billion and LE2.8 bil- 3- to- 5 percent which in turn strategy relies heavily on secur- sources available. Reducing the search budget, encourage local
will also witness huge construc- lion for drinking water net- will help decrease the poverty ing the power supplies needed country's budget deficit by .5% patent and develop the legisla-
tion activities which includes works. rate from 26.3% as reported in for the sustainable growth of the annually, turning the govern- tion environment in this field.
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