The Egyptian government's plan for citizen investment in Suez Governorate aims to allocate 14.5 billion Egyptian pounds for 157 development projects in the 2025/2026 fiscal year. This represents a 16% growth compared to the 2024/2025 fiscal year and accounts for approximately 2.4% of the total public investments allocated nationwide. The Suez Governorate will focus on key sectors such as petroleum, the Suez Canal, and local development.
The petroleum and natural gas sector will receive the largest share of investments, with 7.3 billion Egyptian pounds allocated for five projects. These projects include completing the construction of a refining complex, producing diesel, and upgrading units at the Suez Petroleum Company. Additionally, 3.3 billion Egyptian pounds will be allocated to develop the Suez Canal, and 1.1 billion Egyptian pounds for local development.
A total of 548 million Egyptian pounds will be allocated to the healthcare sector for eight projects, including completing the construction and development of the Health Care Authority branch and establishing an emergency hospital in Ain El-Sokhna. The education sector will receive 197 million Egyptian pounds for 11 projects, including rebuilding and equipping schools and establishing new classrooms.
The Suez Governorate currently has 10 government hospitals with 602 beds, representing 0.7% of the total beds in government hospitals nationwide. The governorate also has 41 ambulance centers and 2.6 ambulances per 25,000 citizens. Furthermore, there are 425 schools with 4,583 classrooms, and the average number of students per teacher is 24.
The local development plan includes completing the construction of a new city in Ataka, with an allocation of 818 million Egyptian pounds. Other projects include the comprehensive development of the Sabah area in Faisal and upgrading the firefighting system. The plan also aims to increase the percentage of collected waste that is recycled.
According to the plan, the Suez Governorate's population is expected to reach 805,000 people in 2025, representing 0.7% of the country's total population. The governorate's urban population accounts for 100% of its total population, and its inhabited area represents 11.1% of its total area.
The Suez Governorate contributes 1.8% to Egypt's total GDP. The plan includes various economic and social indicators that highlight the governorate's role in the Egyptian economy and its labor market. Key sectors such as petroleum, the Suez Canal, and local development will drive growth and development in the region.
Key points
- The Egyptian government has allocated $14.5 billion for 157 development projects in Suez Governorate.
- The petroleum and natural gas sector will receive the largest share of investments, with 7.3 billion Egyptian pounds allocated for five projects.
- The plan aims to increase the percentage of collected waste that is recycled and improve healthcare and education services in the governorate.
