CAIRO – Egyptian Prime Minister Moustafa Madbouli stressed on Monday that the state maintains the ownership of the assets while granting the rights of full management and operation to the private sector.
He made the remarks on Monday while commenting on a speech delivered by Deputy Finance Minister Ahmed Kouchouk during a session on the state ownership policy document which was held within the framework of the second day of the Egyptian Economic Conference 2022.
He said some projects need to expand and boost capital, therefore the state resorts to the private sector to increase the capital and be in charge of the management.
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