2024-04-01 21:02:00
Muhammad Asaad Monday, April 1, 2024 11:02 PM
In recent years, Egypt has witnessed a boom in development and reconstruction, and, in addition to the state of security and political stability, it aims to possess advanced modern infrastructure and promising economic regions, making it an attractive country for investments and capable of efficient and sustainable growth.
The state has worked to develop infrastructure in all its diversities, and figures issued by local and international institutions show the volume of investments in developing high-quality infrastructure and developing the transportation and communications sectors, which has had a positive impact on attracting investments and making Egypt the first destination for foreign investment in Africa, in addition to strengthening international partnerships. Concluding concessional development financing agreements worth $38.8 billion within 4 years.
International institutions praised Egypt’s achievements, as it advanced 64 places in the Land and Marine Infrastructure Development Index issued by the World Economic Forum, 7 places in the Soft Power Index issued by Brand Finance, and 6 places in the Infrastructure and Market Access Index issued by the Legatum Institute, which measures… The quality of the infrastructure that enhances trade, and it also advanced in the Sustainable Development Goals Index by six places, and in addition to all of this, positive testimonials from partners follow.
Christian Berger, Head of the European Union Delegation to Egypt
Christian Berger, Head of the European Union Delegation to Egypt
Supporting the private sector is one of the main areas of our cooperation with Egypt. The Federation believes that small and medium-sized companies are the backbone of the Egyptian economy, so they are a high priority for us. We are also keen to finance female entrepreneurs and young people so that they are able to start their businesses.
Sergio Pimenta, Vice President of the International Finance Corporation in Egypt
< مصر دولة العمليات الأولى للبنك خارج الاتحاد الأوروبى، وينعكس ذلك على عديد من الشراكات التنموية المنفذة بالقطاعين الحكومى والخاص، ويسعى البنك لتوسيع عملياته وتعزيز الجهود المشتركة للتحول الأخضر والمساهمة فى تنفيذ مستهدفات توليد الهيدروجين الأخضر.
Matsunaga Hideki, Regional Director of the Japan International Cooperation Agency (JICA)
Egypt demonstrates an approach that brings together various development partners. Japan has been working with it for decades to support development in small projects, transportation, and energy. We have begun to expand cooperation with the private sector, and Egypt plays a pivotal role in the region and we are working to support it.
Nadia Calvino, President of the European Investment Bank
Egypt is a major partner of the Bank, and we work to support the country’s direction towards sustainable development goals, including pioneering investment in energy within the “Novi” program.
Jose Leandro, European Union country official
Egypt is an important strategic country of operations for the European Bank and the European Union, and the recent visit of the Bank delegation to the Suez Canal region demonstrated the extent of development achieved to stimulate investment, and the reforms that Egypt is undertaking provide many opportunities for growth and beyond the current stage.
Guido Clary, Head of the European Investment Bank’s Regional Center in Egypt
Jose-Leandro
Sergio-Pimenta
Matsunaga-Hideki
Nadia Calvino, President of the European Investment Bank
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