12 Hrs
Source:
بوابة الفجر
Industry Minister meets EBRD delegation
The visit of Egyptian Minister of Industry, Khaled Hammad, to the European Bank for Reconstruction and Development focused on strengthening cooperation in the fields of industry, the green economy, and providing financing for small and medium-sized enterprises, with the aim of supporting sustainable growth and reducing carbon emissions in Egypt. The meeting addressed funding for low-carbon industrial investments and the realization of Egypt's plan to reach 45% of renewable energy by 2028, in addition to supporting projects that convert industries to use solar energy and rationalize water consumption. The two sides also reviewed the bank's efforts to enhance the capabilities of the private sector, stimulate investments in clean energy technologies, and facilitate procedures for establishing and expanding industrial zones, all to increase the competitiveness of the Egyptian economy and achieve sustainable development.
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