Egypt to invest in restoration of war-torn countries

Egyptian Prime Minister Mustafa Madbouly recently issued a decree to form an action group aimed at investing a great deal of effort in the reconstruction of five Arab countries.
Residents walk near damaged buildings in the rebel held area of Old Aleppo, Syria May 5, 2016. REUTERS/Abdalrhman Ismail/File Photo - RC1FE5D0C050
Residents walk near damaged buildings in the rebel-held area of Old Aleppo, Syria, May 5, 2016. - REUTERS/Abdalrhman Ismail
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Ahmed Aleem
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CAIRO — Egyptian Prime Minister Mustafa Madbouli issued Aug. 26 a decree aimed at forming a technical, financial and legal action group that has the contracting, business and logistics expertise to work on reconstruction in Iraq, Syria, Libya, Yemen and Palestine.

Hassan Abdel Aziz, head of the Egyptian Federation for Construction and Building Contractors (EFCBC) of the Ministry of Housing, announced in a press statement Aug. 26 that the action group would include representatives of some government agencies such as the Ministry of Housing, Utilities and Urban Communities, the Ministry of Foreign Affairs, the Ministry of Military Production and the Administrative Control Authority.

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