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14-Mar-2016

Youth Ministry plans to construct a number of stadiums across the country

The Ministry of Youth is in negotiations with two international entities to establish a number of stadiums across several regions in Egypt. Each stadium will have a capacity of 40,000 people, with the cost per stadium estimated at EGP1.8 billion. On a separate note, Khalid Abdel Aziz, Minister of Youth and Sports, mentioned that the ministry plans to invest EGP800 million and EGP900 million in FY2016/17. (Al Borsa)

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