The Planning Ministry has finished drafting a Unified Planning Act, Deputy Minister Nihal El Megharbel said on Sunday, according to Al Masry Al Youm. The bill, which should be going to the House of Representatives before the end of the year, sets a framework for the state to regulate the planning and execution of national projects based on their merit and overall goals and purpose, as well as costs and sources of funding. Why we need a law to do what feasibility studies were created for is beyond us.
More from Enterprise
Our friends at EFG Hermes and Beltone pick up fresh accolades, along with CIB
EFG Hermes retained the top corporate access spot on Extel’s…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Inside the retail wave reshaping EGX
Individuals are setting EGX prices day to day, trading on…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…