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Sharaf: Investments projects to be set up to raise railways assets
Egypt, Economics, 4/21/2005
Egypt's Minister of Transport Essam Sharaf said President Hosni Mubarak had issued a republican decree to dedicate about 190 million square meters nationwide to be used to set up investment projects in a bid to raise Egypt railways' assets. The Minister added that revenues of these proposed projects will be channeled to upgrade the railways service.
The Minister, in a bid to enforce the decree, made a reshuffle in the Railways Investment Company as some experts and businessmen were appointed in its board.
Previous Stories:
Egypt, China transport cooperation agreements
(4/15/2005)
Nazif opens new Investment Services Complex
(4/13/2005)
Nazif: New tax, customs laws to improve investment climate
(4/12/2005)
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