Prime Minister: We contracted with IFC to qualify 50 companies for the government offering program
First bank
Dr. Mostafa Madbouly, Prime Minister, revealed that Egypt has contracted with International Finance Corporation to prepare and qualify 50 companies as new offerings for the government offering program.
This came during the weekly meeting of the Presidency of the Council of Ministers, held today at the Council's headquarters in the New Administrative Capital.
Madbouly added, "We are not only talking about the 32 companies targeted to be offered in the first phase, but it is a sustainable process during the coming period, stressing that at the present time, a number of other companies are being prepared to start work on them and put them within the program."
The Prime Minister confirmed that almost a quarter of the 32 companies that were offered in the first phase of the program have been completed, indicating that the state is moving strongly towards completing the first phase of the government offerings program during the coming period.
