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Egypt to develop sanitation projects worth $5 billion

  • Egypt to develop sanitation projects worth $5 billion

Rania Al-Mashat, Egypt’s Minister of International Cooperation, announced this week that the country will implement 43 projects to develop clean water and sanitation with EU backing worth $5 billion, reports Zawya.

According to the minister, the funds represent over 19.4% of the Ministry of International Cooperation’s development financing to develop the sustainable development goal (SDG) 6 on Clean Water and Sanitation.

On Monday, the minister said during the EU – Africa green talk webinar on Water Sustainability and Clean Oceans, “Water replenishes our people, transports our trade, and is key to any industry. It is the foundation for all development growth and economic stability, and through our international partnerships for sustainable development, Egypt is dedicated to supporting green growth and responsible consumption of all-natural resources.”

She also added: “The projects cover a wide array of strategies in approaches of water saving, wastewater treatment and management plants and water desalination plants.”

The new projects support Egypt’s 2030 agenda said the minister. The 2030 agenda is an ambitious program to achieve green growth and encourage sustainable consumption and diversification of resources across the nation.

“Through our economic diplomacy and our international partnerships for sustainable development, we continue work with multilateral and bilateral development partners to support green growth to sustainable future for the country,” the minister said, “Accordingly, the European Investment Bank (EIB) and Egypt share a development portfolio of $2.5bn, focusing on projects on energy, pollution compact, water management and transportation.” 

During the webinar, the Ambassador of the European Union (EU) to Egypt, Christian Berger, reiterated that all Mediterranean countries are focused on the conservation and fair distribution of water.

He stated: “We need to work together to face the shared challenges of water resource management and ensure these are effectively addressed.

“We are working together with our Egyptian partners to this end, and today’s event is a cornerstone to remind ourselves that sustainable management of water resources, at both local and regional levels, requires global action.”

Alfredo Abad, Head of the EIB’s regional office in Cairo, who also participated in the webinar said the objective of the Cairo green talk is to foster a mutually beneficial exchange of views and lessons from successful sustainable investment experiences with partners. 

The webinar on Water Sustainability and Clean Oceans is part of the EU-Africa 30 days of dialogue on green transition and green investment between African and European partners. Events and virtual meetings are taking place across Africa and Europe, beginning on 24 March and culminating on 23 April, with the High-Level EU-Africa Green Investment Forum being held in Lisbon.

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