Egypt is poised to introduce a new investment and management firm dedicated to the education sector. This initiative, expected to launch within days, is a collaborative effort involving The Sovereign Fund of Egypt’s education sub-fund, the Ministry of Higher Education, a foreign university, and a private firm. This new entity will oversee the management of three state-owned buildings in Cairo. According to Hala Elsaid, Minister of Planning and Economic Development, a significant 42% of the government’s investments this year will target the education and health sectors. Moreover, the government’s expenditure on education has seen a substantial increase of 55% this year. This highlights the government’s commitment to improving education infrastructure and services.

Education, Public Sector Investment,Egypt

https://www.zawya.com/en/economy/north-africa/egypt-to-launch-investment-firm-in-education-sector-within-days-x6mcwb66