“وزير الزراعة” يعلن حصول الحجر الزراعي المصري على شهادة الأيزو لأول مرة
أعلن علاء فاروق، وزير الزراعة واستصلاح الأراضي، حصول الإدارة المركزية للحجر الزراعي على شهادة الأيزو ...
9 financing deals at €262.3 m to implement water treatment, sanitation, renewable energy, railway projects in Egypt
Egypt, France, and the European Union signed 9 financing and grant agreements worth €262.3 million to implement priority projects in the sectors of water treatment, sanitation, renewable energy, and railways.
This came as part of a state visit by French President Emmanuel Macron to Egypt, and the signing of the Strategic Partnership Agreement between the two countries with Egyptian President Abdel Fattah El Sisi.
Rania Mashat, Minister of Planning, Economic Development, and International Cooperation, signed two agreements with the French side, in the presence of Presidents Sisi and Macron. The agreements included a joint declaration to renew technical and financial cooperation to implement priority projects in Egypt, which is a renewal of the agreement signed on June 13, 2021, for implementing several developmental projects.
It also included a joint declaration to implement 4 priority projects that will support economic development in Egypt, backed by a shared vision between the two countries.
Mashat emphasized that “we are witnessing a pivotal development in Egyptian-French relations with the signing of the joint declaration by the leaders of both countries to elevate the relations to the level of a strategic partnership. This reflects the depth and strength of the historical ties between the two countries and opens the door to expanding and broadening economic, trade, and investment relations, in light of the regional and international weight of both nations.”
She noted that the Ministry will work in the upcoming period to consult with the relevant French authorities to determine the priority projects that will be cooperated on in the coming period, and to direct the financing provided by the French Development Agency (AFD), to drive economic development in Egypt in sectors of mutual interest, including sustainable infrastructure, combating climate change and mitigating associated risks, technological and human development.
She also pointed out that the development witnessed today in Egyptian-French relations reflects the extent of development in Egypt-European relations in general over the past years, especially after elevating the joint relations to the level of strategic partnership last year.
Regional Control Center Project in Alexandria
During a high-level event, two agreements for concessional financing and a grant were signed for the “Regional Control Center Project in Alexandria,” with EUR 50 million financing from the French Development Agency and a EUR 10 million grant from the European Union, managed by the Agency for the benefit of the Ministry of Electricity and Renewable Energy. This project is part of the energy pillar of the country platform of the “NWFE” program.
The project aims to provide stable, high-quality electricity supplies to the residents of Alexandria and modernize the control facilities of the electricity grid, especially in one of the most densely populated areas in Egypt. With the rise in national energy generation, the sharp increase in demand, the integration of renewable energy sources, and the rapid expansion of the network, this project aims to help Alexandria become a strong regional energy hub.
New Wastewater Treatment Plant Project in East Alexandria
Moreover, financing and grant agreements were signed for the “New Wastewater Treatment Plant Project in East Alexandria,” with EUR 68 million financing from the French Development Agency and a EUR 2 million grant for the Ministry of Housing, Utilities, and Urban Communities.
The project aims to contribute to improving wastewater treatment services in the country, particularly in Alexandria, and work with new urban development projects. It will alleviate pressure on the existing facility due to the growing population. The project aims to serve approximately 1.5 million people (300,000 cubic meters per day) upon completion of the first phase, which will continue until 2032.
Robiki / 10th of Ramadan / Belbeis Railway Line Project
The two sides also signed the financing and grant agreements for the “Robiki / 10th of Ramadan / Belbeis Railway Line Project,” with EUR 70 million financing from the French Development Agency and an EUR 800,000 grant for the Ministry of Industry and Transport.
The project aims to improve the competitiveness of local producers, accelerating economic growth and creating job opportunities by facilitating the movement of goods from dry ports to the sea, thus reducing transport costs and time.
Al-Gabal Al-Asfar Wastewater Treatment Plant Project
The two sides also signed the financing and grant agreements for the “Al-Gabal Al-Asfar Wastewater Treatment Plant Project,” with financing from AFD amounting to €50 million, a grant of €1.5 million, and an EU grant of €10 million, managed by AFD for the Ministry of Housing, Utilities, and Urban Communities.
This project aims to enhance the sustainable development of the water and sanitation sector by increasing the treatment capacity of the plant to meet the rising population of those served within the drinking water and sanitation service area.
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