Portfolio of Egyptian agriculture sector contains 13 projects worth $545M – Egypttoday

  • Date: 10-Jul-2020
  • Source: Egypt Today
  • Sector:Agriculture
  • Country:Egypt
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Portfolio of Egyptian agriculture sector contains 13 projects worth $545M – Egypttoday

Rice agriculture in Egypt - Photo by Hussein Tallal





CAIRO - 9 July 2020: "Agriculture sector's portfolio of ongoing projects includes 13 projects at a value of $545.42 million," Minister of International Cooperation Rania al-Mashat said Thursday.

Mashat added that many international institutions contribute to this portfolio, including the International Fund for Agricultural Development, the Arab Fund for Economic and Social Development, the United States Agency for International Development and the European Union, as well as France, Italy, Germany and the Kuwait Fund for Development.

She emphasized that the coming period will witness the organization of specialized working groups to develop priority issues for the agricultural sector, and identify the challenges that faced previous experiences. This is in addition to setting proposals and mechanisms for addressing the challenges through cooperation with development partners, and stimulating the growth of the agricultural sector in the short, medium and long term.

She pointed out that the ministry places among its priorities in the current stage coordination with international institutions and development partners to support the agricultural sector, given its role in providing food security in light of the coronavirus pandemic.

She explained that many of the current projects in the agricultural