Egypt has invested $10.3 billion in public-private projects (PPPs) infrastructure since 1990, ranking second after Algeria in the Middle East and North Africa (MENA) region, according to a recent report by Mashora Group.
The sum has been concentrated mainly in four sectors: electricity, natural gas, ports, and water and sewerage, the report said.
The report pointed out that the COVID-19 crisis has pushed international institutions to shed light on PPPs in MENA, which have been grappling with growing budget deficits, searching for alternative forms of financing, and delivering infrastructure projects.
Yet PPPs investments in the region are facing serious challenges, according to the report, as the level of private sector contribution in financing and delivering infrastructure services differs notably across MENA countries