Egypt’s Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat has unveiled a new investment plan targeting human capital development in the country.
According to the new plan, 1 trillion EGP is allocated to public capital, accounting for approximately 50.3%, while private capital accounts for EGP 987 billion, or approximately 49.7%.
Also, the plan prioritises human development, with more than two-thirds (or 42.4%) of government investment going to these areas, reiterating the government’s emphasis on building human capital. Water and sanitation came in second, accounting for 25.4% of total government investment.
Dr. Al-Mashat explained the main principles guiding the implementation of the construction plan this year. These include major projects with more than 70% investment (excluding new projects that have not yet started) and economic solutions that increase the value of public capital.
Al-Mashat said that the ministry has started discussions and cooperation with all departments, public institutions, administrators, and private and public enterprises regarding the new way of developing the 2025/2026 economic and social development plans.
This partnership is designed to create a common plan for implementing the budget in the medium term.
National budgeting will focus on the growth, sustainability and use of public funds to achieve long-term national planning objectives and short-term priorities and environment.
The ministry is also committed to adding reform proposals to the Master Planning Law with the aim of promoting cooperation in sustainable development within the scope of the laws of the member states. The preparation of the 2025/2026 development plan has already been completed and will be reviewed with all government institutions to align with the government’s preliminary plans and strategies, Egypt’s Vision 2030.
The Ministry will continue to use the most advanced planning tools to improve the performance of public investments, manage and monitor international and public financing, and measure performance in order to have a broad knowledge base and look to the future to achieve Egypt’s development goals.
