Development portfolio between Egypt, Japan records $2.8B – Egypt Today

Development portfolio between Egypt, Japan records $2.8B – Egypt Today

CAIRO - 4 April 2022: The current portfolio of economic cooperation between the two countries amounts to about $2.8 billion, dedicated to 14 projects, including health, electricity, transport, navigation, education, higher education and irrigation, according to the Ministry of International Cooperation It added that the cooperation between Egypt and Japan dates back to 1954, and the development cooperation portfolio is diversified in many sectors. This came during the Minister of International Cooperation Rania A. Al-Mashat’s meeting with Oka Hiroshi, the new Ambassador of Japan to Egypt, after presenting his credentials to Abdel Fattah El-Sisi, the President of Egypt a few days ago. The Ambassador’s meeting with Al-Mashat comes within the framework of the meetings held by the Minister of International Cooperation with multilateral and bilateral development partners to enhance and advance development efforts. At the beginning of the meeting, Al-Mashat welcomed the Ambassador in Cairo, wishing him success in his mission, which would include enhancing strategic relations between both countries, alongside an extension of the agreements and cooperation efforts that were established during the former Ambassador Mr. Masaki Noke’s presence. Al-Mashat stressed the importance of the diversified development cooperation portfolio between Egypt and Japan, covering many sectors, and amounting to