Egypt allocates billions for development in Sinai
Egypt is seeking to attract residents to move to the Sinai Peninsula, by carrying out development projects and providing job opportunities, to boost the national economy and maintain national security.
Egypt is working on a plan to attract Egyptians to settle in the Sinai Peninsula, by implementing development projects and providing job opportunities.
The Egyptian government is hoping this plan will also boost the national economy and preserve national security.
Since 2014, the Engineering Authority affiliated with the Egyptian army has spent billions of Egyptian pounds on development and construction projects in Sinai, according to the head of the authority, Ihab al-Far.
Speaking at a Sept. 21 ceremony to inaugurate tunnel projects for the Suez Canal and development and health-care projects in Suez governorate, which was attended by President Abdel Fatah al-Sisi, Far said the Engineering Authority was assigned, on June 30, 2014, to implement 418 projects at a total cost of 486 billion Egyptian pounds (around $31 billion).
