Planning Minister Ashraf el Arabi announced that Ossama Saleh and Motaz Bahaa el Din were elected as head of the board of directors and executive and managing director of Damietta city for furniture, respectively.

This came during a meeting for the constituent assembly and the first meeting of the company’s board of directors.

In a joint press conference on Monday, the minister said that the volume of investments of fiscal 2016-2017 plan reaches 530 billion pounds in which 292 billion pounds are invested via the private sector.

The government’s program asserts the importance of partnership between the private and public sectors, the minister further said, pointing out that Damietta city for furniture is considered one of the projects of the sustainable development strategy – Egypt 2030.

Source: MENA