Egyptian Prime Minister Ismail Sherif presided over a ministerial meeting on Sunday to follow up the start of projects aiming at developing the Egyptian countryside.

Sherif, in a meeting with head of the newly-established Egyptian Reef Development company and ministers concerned, reiterated the government's keenness on boosting the company activities to achieve the goals it was established for.

The company represents a new model for the development of the Egyptian countryside, he added.

The company chairman reviewed the company's vision to achieve a sustainable development and encourage the private sector in getting engaged in developing the country.

He also referred to the company's role in reclaiming 1.5 million feddans in Egypt's new countryside.
at a capital of eight billion pounds.

Source: MENA