United Kingdom and Egypt sign sustainable cities and infrastructure pact

  • Date: 07-Feb-2024
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:Egypt
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United Kingdom and Egypt sign sustainable cities and infrastructure pact

His Majesty’s Ambassador to the Arab Republic of Egypt Gareth Bayley and Deputy Chairman of The New Urban Communities Authority Eng. Amin Ghoneim signed a Sustainable Cities and Infrastructure Memorandum of Understanding (MoU) on Tuesday 6th February 2024 in Cairo.

The new partnership between the UK and the Government of Egypt will boost cooperation in the development of sustainable cities and infrastructure in Egypt by establishing a joint working group that will meet twice a year in London and Cairo.

This working group will bring together government bodies and industry representatives from both countries to exchange technical knowledge, training, expertise and best practice in the prioritisation, financing, and management of infrastructure projects.

The MoU aims to position both countries to draw on their strengths to support the delivery of infrastructure projects in Egypt. It will seek to grow the bilateral trading relationship and increase foreign investment into the Egyptian construction sector. Projects will be identified by the working group and delivered in accordance with international quality and sustainability standards.

British Ambassador to Egypt Gareth Bayley said:

This agreement reinforces our commitment to sustainable development, fostering economic growth, and attracting foreign investment into the Egyptian infrastructure sector.

It sets yet another example of a stronger and growing