Egypt’s irrigation ministry, partners to implement $668M projects
Updated 1/12/2023 9:12:00 AM
Arab Finance: The Ministry of Water Resources and Irrigation's cooperation portfolio multilateral and bilateral development partners includes $668 million for the implementation of eight projects, according to the ministry’s statement published on January 12th.
The Kuwait Fund for Arab Economic Development, Saudi Fund for Development, European Bank for Reconstruction and Development (EBRD), OPEC Fund, and the European Union (EU) are among the development partners of the cooperation portfolio.
This came during a meeting held between the Minister of Water Resources and Irrigation Hani Sweilam and the Minister of International Cooperation Rania Al-Mashat to discuss the latest developments and technical details within the Nexus on Water, Food and Energy (NWFE) program.
During the meeting, projects in the food and water sectors were presented under the NWFE program, which are jointly implemented by the two ministries along with other relevant ministries.
The water sector is a top priority of the state's concerns, and the water axis is one of the most important axes of the NWFE program, Swailem clarified.
The government is working in coordination with national authorities and development partners to carry out the NWFE program and encourage the participation of the private sector in executing projects through various financing mechanisms, Al-Mashat stated.
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