23 Hrs
Source:
بوابة الفجر
_1777352142843_145525226.png&w=64&q=75){kind=small}
Source: بوابة الفجر
23 Hrsبوابة الفجر
Source: بوابة الفجر
23 HrsReady to play
Ready to play
Minister of Planning and Economic Development Ahmed Rostom reviewed progress in establishing the Infrastructure Finance Guarantee Facility (IFGF) in cooperation with the World Bank Group. The facility aims to reduce repayment risks, attract private investment and lessen reliance on sovereign guarantees. Preparatory steps include consultations with ministries, project developers, development finance institutions and donors. Development partners are expected to provide most of the initial capital, after which the shareholder base will be broadened to include private-sector investors. The facility is expected to support public-private projects as well as projects involving private-sector companies during 2028–2038, particularly in clean and renewable energy and energy-intensive industries.
Notice: This Is an AI-Generated Summary
Comments (0)