Private companies working with the government on the public-private partnership program to build 1,000 new schools will complete phase one — approximately 900 classrooms — by the start of the next academic year, sources said, according to the local press. It’s not clear how many schools will be finished in this period, but sources say that the companies have started to receive land plots for 50 schools. The contracts — worth EGP 500 mn — were awarded in January.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Here’s why “temporary listings” are all the rage right now
The government plans to list Misr Travel and Egoth in…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…