Egypt’s President Abd al-Fattah al-Sisi announced that in the next three years in infrastructure development and housing construction in the Sinai Peninsula will invest 5.6 billion dollars.
«We have instructed the Ministry of construction and engineering management to develop a plan for urban development. It will be the national project», — said the head of state, adding that it will be completed, regardless of whether it will preserve power.
The southern part of the Peninsula before the Arab spring was one of the most popular resorts in the world, being the main source of foreign exchange. Despite the recession that befell the tourist industry here is still full of tourists.
North Sinai, particularly the territory close to the Israeli border, before the overthrow in 2011 of President Hosni Mubarak became the basis of the militants. The government throws back all the new troops that are not able to defeat the terrorists.