Egypt's Tahya Masr fund executive announces social service projects

The executive head of a national fund for social service projects announced on Wednesday a list of planned projects in healthcare and urban planning.

Speaking to the money and finance conference attendees, Mahmoud Abdel-Latif said Tahya Masr (Long Live Egypt) fund will work with governmental institutions for direct help.

Mahmoud said the planned projects include mobile clinics, long-term hepatitis C medication schemes, and developing informal settlements.

Tahya Masr fund was created upon the initiative of President Abdel-Fattah El-Sisi in 2014 to help funding projects to bolster the economy.

Individuals and businessmen have contributed billions of Egyptian pounds to the fund.

Mahmoud said the fund will be resourced with both charity and investments.