Sustainable Development Strategy Egypt's vision 2030 Sharm El-Shaikh March 14, 2015

MAIN GOALS OF SDS 1

2

3

4

2

SDS PILLARS

Education

Energy

Environment

Knowledge, Innovation and Scientific Research

Transparency and Efficiency of Governmental Institutions

Urban Development

Heath

Social Justice

Domestic Policy

Economy

Culture

Foreign Policy and National Security 3

ECONOMIC KPIS (2013/14 – 2030) 2013/14

2030

GDP growth Rate

2%

12%

Investment Rate

14%

30%

Contribution of services to GDP

46%

70%

Unemployment Rate

13%

5%

7% on average

4

LEGISLATIVE REFORMS AND DISPUTE RESOLUTIONS • 2014/2015 Issuance: Legislative reforms

1. 2. 3. 4. 5. 6. 7. 8.

Mining Law Competition law (amendment) Microfinance law Renewable energy law Electricity law (coming soon) Domestic product preference law Third party contract appeals Civil service law

• Addressing ~400 cases: Dispute Resolutions

 259 solved by the Ministerial committee for dispute solving  15 solved by the Committee for settlement of investment contracts disputes

• Creating: Supreme committee for Legislative Reform to review legislations affecting business environment 5

ADMINISTRATIVE REFORMS •

An efficient and effective government administrative body, characterized by professionalism, transparency, justice and responsiveness, offers quality services, and can be held accountable, able to increase citizen satisfaction, and strongly contributes in the achievement of Egypt’s development goals and in improving the status of the Egyptian people.

•

To improve the working conditions of civil employees and enhance transparency of government services and strengthen citizens' confidence in the state administration

Vision

New Civil Service Law

• • • • •

Improve working conditions and income for civil employees A New wage system Effective, neutral and accurate evaluation system An early retirement system A new Code of conduct 6

MEGA PROJECTS 1

Suez Canal (Including the New International City)

4

3

2

Reclamation of One Million Feddan

One Million social housing units

6

5

Creating a new 4,800 km of roads network

Developing the golden Mining Triangle

North west coast development project

7

ENERGY REFORM MEASURES • The government put in place measures to rationalize all subsidies Subsidies

during 2014/15 as part of a gradual plan in the medium term to reduce these subsidies.

• The government issued the renewables feed in tariff law to Feed-in-Tariff

Electricity law

encourage private investments in this sector

• The new law will help in gradually deregulating the market

8

SOME EMPLOYMENT INITIATIVES • US$ 1.5 billion private equity investment fund that will partner AYADY

with private sector investors to create jobs, across governorates, seeded by the government.

• Joint venture between the UAE and Egypt launched by the BEAIDAK

industrial training cancel to provide youth with skills and practical experience to join the labor market.

• Demand driven initiative developing training and FORSA

entrepreneurial programs for skills that are in the highest demand by the private sector.

9

EDUCATION KPIS top 500 top 30

80%

best 20

top 10

7%

Illiteracy reduced to the zero default (7%)

One of the top 30 countries in the quality of basic education index

Egypt to Gross At least ten Egyptian enrollment Egyptian universities among become one of the top10 ratio for universities are the best 20 higher countries in children at the among the top education the TIMMS age of 4-6 500 universities institutions assessment reaches 80% publishing in international periodicals 10

INNOVATION, KNOWLEDGE & SCIENTIFIC RESEARCH KPIS

top 40

top 40 Egypt among the top 20 countries for the number of patents

Egypt among the top 40 countries in the field of innovation

top 20

Egypt one of the top 20 countries in Intellectual Property Rights

Egypt among the top 40 countries of quality of scientific research institutions

top 20

top 40

Egypt one of the top 40 countries in retaining innovative talents and capabilities 11

HEALTH KPIS Reduce neonatal, infant and under 5 mortality rate by 50%

Government spending on health reaches to 5% of the total GDP

Reduce maternal mortality by 60% Achieve equitable access to 80% of essential health interventions

Ensure 100% coverage for each vaccination and expand national immunization schedule 12

POPULATION STRATEGY

Rights-based approach to improve wellbeing

New Population Ministry

National Population Strategy

Invest economic surplus in human development

13

SOCIAL JUSTICE – CURRENT ACHIEVEMENTS 1. Increasing the Social Security Pension 2. Launching a cash-transfer program and increase the number of beneficiaries to 3 million poor families 3. Establishing logistics hubs for grain trade and storage to contribute to food security 4. Launching a social protection- targeting program using smart cards 5. Amending the Social Insurance Law to provide self employed social insurance to farmers with more than one faddan acquisitions 6. Extending Medical Insurance to farmers and agriculture workers who do not have access to public health- insurance program 7. Implementing Takafol and Karama Programs 8. Launching a comprehensive action plan to develop poorest villages 14

CONCLUSION 1 The Egyptian economy is recovering

Agriculture

Retail

2 The GoE is aware of challenges it is facing and undertaking required reforms

3 Stakeholders commitment is key to supporting fast and steady recovery

Transportation & Logistics

Housing & Utilities

EGYPT Tourism

Industry

Oil, Gas & Mining

ICT 15

THANK YOU For more information, please visit:

http://mop.gov.eg/Vision/EgyptVision.aspx