Egypt, EBRD discuss new 2021-25 green strategy

Egypt, EBRD discuss new 2021-25 green strategy

Minister of International Cooperation and Governor of Egypt at the European Bank for Reconstruction and Development (EBRD), Rania Al-Mashat, has met with Heike Harmgart, EBRD managing director for the Southern and Eastern Mediterranean (SEMED) region, at the ministry's headquarters in the presence of vice president of the bank's regional office in Egypt, Khalid Hamza, to discuss the EBRD's new green recovery strategy.

During the meeting, Al-Mashat praised strategic cooperation relations between Egypt and the EBRD and its contributions to financing several diverse development projects over the recent period, adding that Egypt was marked as the largest country of the bank's operations in 2019 with total investments of €2.3 billion, 60 percent of which was dedicated to the private sector.

"Egypt is looking forward to strengthening economic relations with