23 Hrs
Source:
بوابة أخبار اليوم
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Rostam Reviews IFGF Infrastructure Support
The Egyptian Minister of Planning and Economic Development, Dr. Ahmed Rustom, discussed with leaders of the World Bank Group and a number of international financial and developmental institutions the mechanisms for guaranteeing infrastructure project financing (IFGF). The aim is to attract private sector investments and stimulate the participation of funding institutions. The mechanism seeks to provide long-term financing solutions in local currency and reduce investment risks, thereby supporting economic reform efforts and contributing to the realization of Egypt's Vision 2030. The focus is on sectors such as renewable energy, water, and transportation. Participants expressed strong interest and readiness to contribute to the success of this mechanism, offering technical support and international expertise to ensure the attraction of major companies to invest in Egyptian infrastructure.
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