Egypt to launch LE 7.5 billion investments in new electricity projects

The Egyptian government launches LE 7.5 billion investments in electricity projects nationwide in July.

The move covers agricultural, tourist and urban projects. Electricity Minister Hassan Younis, speaking to an Alexandria meeting for the parliamentary electricity committee led by Amin Mubarak, has said that the ministry plans to construct 11 new power stations by 2012 in addition to upgrading existing stations.