The National Investment Bank (NIB)

The National Investment Bank (NIB) was established under Law No. 119 of 1980 for the purpose of financing all projects included in the general plan for economic and social development of the state, by contributing to the capital of these projects or by providing them with loans or other means, as well as following up on the implementation of such projects.
NIB is considered one of the important economic and investment arms of the Egyptian state to implement its plans for economic and social development, which prompted the establishment of a huge infrastructure in all fields, adding enormous production capacities that contributed to attracting more investments and achieving high growth rates over the past decades.
In the light of the economic changes that the local and international arena recently witnessed, the most important of which includes the activation of market mechanisms, moving towards a free economy away from the command economy, the role of the state is represented in supervision and regulation through rules and legislation. This requires from the state to develop a tool to be able to regulate markets and implement economic and social policies. The National Investment Bank (NIB) is one of the large financial and development institutions having its resources and capabilities, this necessitates its presence at the heart of events, actively influencing and being influenced by them, while fulfilling a critical and impactful role.
Over more than 40 years, NIB has performed the largest process of domestic savings mobilization to be used to finance the construction and implementation of projects included in the successive economic and social development plans of the state. This has contributed to the construction of massive infrastructure in all fields that added enormous productive capacities, which led to attracting more investments and achieving high growth rates over the past decades .
These investments have formed a national wealth of assets that cover the whole country, including the construction of electricity-generating stations, networks for transferring and distributing electricity , water and sanitation plants and networks, road and bridge networks, railways, harbors, agriculture, irrigation , services, housing, new cities, mining projects, and various other domains of economic activity .
The value of the investments implemented by the state and funded and followed up by the NIB during the previous period for government institutions, organizations as well as economic units amounted to hundreds of billions of Egyptian pounds. The current value of implementing such projects is many times that amount .
Furthermore , NIB participates in many joint companies in some major economic activities sectors, such as the sectors of fertilizers, petroleum, banking, financial services, food industries, urban development, metallurgical industries, building materials, and tourism. NIB also shares in a number of Arab institutions with the contributions of most Arab countries.