3 investment banks promote 11 developmental projects for Economic Summit

The government has tasked a number of local market investment banks with promoting projects that the government will present during March’s Economic Summit in Sharm El-Sheikh. Around 3,500 investors and financial institutions from 120 countries are expected to participate in the conference.

Three investment banks – CI Capital, Cairo Financial Holding (CFH) and Pioneers Holding Company (PHC) – decided to promote 11 development projects that are mandated by the Ministry of Investment.

CI Capital is tasked to promote three of the 11 projects in the fields of transportation, electricity and real estate development, while eight projects were distributed equally between CFH and PHC.