Putting state assets by the Nile in Cairo and Giza up for investment topped the agenda of a high-level meeting on Thursday.
Prime Minister Moustafa Madbouli spoke of reports on a number of state-run assets nationwide with suggestions how to reuse them for economic returns by offering them to the private sector for investment.
There is continued co-ordination with different national entities, notably the Egypt Sovereign Fund, on this matter, the premier added.
Minister of Planning and Economic Development Hala el-Saeed, Minister of Local Development Hisham Amna, Cairo Governor Khaled Abdel Aal and Egypt Sovereign Fund executive director Ayman Soleiman were present at the meeting.
The Egypt Sovereign Fund will evaluate the assets in question and consider the most appropriate investment projects for them, Saeed said.
The Prime Minister also met Wednesday night with National Authority for Social Insurance president Gamal Awad to review plans to upgrade the authority’s premises as part of the government’s digital transformation strategy.
The development plan covers 290 premises serving 13.8 million beneficiaries and 10.9 million pensioners.
He also spoke of improving the insurance system with central databases and better information technology systems for electronic payment.
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