2 Days
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المصدر
Planning Minister talks to Norfund on renewable energy investments
The Egyptian Minister of Planning and Economic Development, Dr. Ahmed Rustom, discussed with Erik Sandersen from the Norwegian Investment Fund the intentions to enhance cooperation in attracting investments for renewable energy projects in Egypt. The meeting reviewed the mechanism for financing infrastructure projects under "IFGF," which aims to boost private sector participation and develop infrastructure in industrial zones, with the goal of reducing carbon emissions and increasing production capacity. The discussion also focused on attracting investments into distributed renewable energy projects, developing solutions for energy storage, and integrating renewable energy sources to support the transition to a green economy. Both parties expressed interest in strengthening cooperation opportunities and leveraging the mechanism to increase infrastructure investments and implement projects that contribute to sustainable development.
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