President Abdel Fattah Al-Sisi inaugurated on Sunday a number of projects in the city of Beni Suef and vowed in a speech that the state will inaugurate 3,000 factories in Upper Egypt by the end of 2018.
The inauguration took place two days after Al-Sisi announced he will run for the coming presidential election. On Sunday, he was accompanied by acting Prime Minister Mostafa Madbouly, Minister of Defence Sedki Sobhi, as well as other civilian and military state officials.
The inaugurated projects included water treatment plants, roads, and hospitals in Beni Suef, Luxor, and Sohag. One of newly inaugurated projects is a Samsung factory which relies on Egyptian components. During a conference, Minister of Social Solidarity Ghada Waly said that 86% of the ministry’s aid directed to the Takaful and Karama programmes goes to Upper Egypt, which aims to financially back impoverished families
The Egyptian regime has, on a regular basis, relied on major national projects which contribute to boosting the economy, economic development, and raising production rates.
Last Thursday, Al-Sisi took part in a three-day conference called Story of a Nation, a session addressing infrastructure and national projects.
The ministers of housing, electricity, petroleum, planning, and local development participated in the session.
The president said that the “2011 incidents caused challenges from which we continue to suffer,” and that a “couple of protests could destroy the state.”
Al-Sisi added that the government focused on energy (electricity and gas) as essential components of the infrastructure necessary for investment projects, as well as the construction of new roads and bridges and a number of other projects.
The sitting president, and his government, presented achievements during his first presidential term at the conference, which stood somewhere between a promised statement of account and an official presidential campaign rally.