Egypt acting to transform to green economy, says minister

SourceEgypt Today
SectorOil & Gas
CountryEgypt


An ambitious plan has been outlined to implement 691 environment-friendly projects in the fields of energy, renewable energy, water and transport, Rania el Mashaat told MENA.
 

Mashaat said that her Ministry acts to seal deals through international partnerships for the economy to go green.
 

She cited the Benban Solar Park as a unique example of cooperation among the different parties concerned.
 

Both the government and private sector have, with the help of international financing institutions, contributed to implementing the biggest solar park that has six million panels installed over an area of 36 square kilometers, the minister said.
 

She added that more than 40 companies from 12 countries took part in implementing that venture meant to generate 1,500 megawatts of energy.
 

The project is meant to promote Egypt’s sustainable energy strategy and it reflects the government’s strong commitment to transform to green economy.
 

Mashaat said the International Cooperation Ministry also secured development funds to establish the Mahsama plant...read more...