The National Investment Bank (NIB) was established in Egypt as per a special law ( no. 119 of 1980 ) in order to finance and monitor national projects via either equity participation or lending to such projects as well as following up and monitoring the progress of such projects. NIB is considered as the state's main economic and investment tool aiming to implement its economic and social plans. NIB helped in the construction of massive infrastructure in all fields that greatly added to the productive capacities. The bank's chairman of the board of director is the Minister of Planning.