Egypt’s net invested capital rises 11.4% in FY2014/2015: CAPMAS
Building of Central Agency for Public Mobilization and Statistics (CAPMAS) - YOUM7 (Archive)

CAIRO: Egypt’s net invested capital increased to 924.7 billion EGP in Fiscal Year 2014/2015 from 830.3 billion EGP in FY 2013/2014, with an increase of 11.4 percent, Central Agency for Public Mobilization and Statistics (CAPMAS) announced Wednesday.

The reported attributed this hike to the increase of investments in sectors of manufacturing, oil, mining, transport, communication, housing, and construction.

Regarding the financial investments value, the report stated that it rose to 534.2 billion EGP in FY2014/2015 from 462.6 billion EGP in the previous year, recording an increase of 15.5 percent.

The Egyptian government aims to increase the human capital by 10 percent of GDP in FY2015/2016 via improving subsidization policy and investing in infrastructure.

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