President Sisi emphasizes private sector energy cooperation
President Abdel Fattah El-Sisi emphasized Egypt's commitment to continuously develop the energy sector through collaboration with the private sector. The goal is to enhance the electricity transmission and distribution network, restore the growth of natural gas production, and ensure the country's energy and gas needs are consistently met. He also pointed to the state's efforts in confronting challenges related to geopolitical shifts and the rising global energy prices, with a focus on building a robust infrastructure that relies on new and renewable energy sources, aiming to reach 50% dependence on clean energy by 2030. Additionally, he highlighted the importance of raising public awareness of Egypt's economic challenges, with the government continuing to support the energy sector by settling dues, bearing part of energy costs, and working to improve infrastructure and achieve sustainability within the energy system.
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