Egypt Launches Development Projects to Support Nile Basin Countries

  • Date: 22-Oct-2021
  • Source: Asharq AL-awsat
  • Sector:Real Estate
  • Country:Egypt
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Egypt Launches Development Projects to Support Nile Basin Countries

A general view of buildings by the Nile River in Cairo, Egypt July 2, 2019. Reuters

Egypt continues to launch a number of projects to support the Nile Basin countries and bolster ties.

The Egypt-based Arab Organization for Industrialization (AOI) has recently established a solar power plant in Tororo district in Uganda.

The project comes in line with President Abdel Fattah el-Sisi’s directives to enhance joint cooperation with the Nile Basin countries and all African countries in various fields of industrialization, AOI Chairman Lieutenant-General Abdel Moneim al-Terras stated on Thursday.

The organization is keen to employ all its manufacturing and technological capacities to participate in the various development projects taking place in Uganda and all the African countries.

The AOI supports renewable energy projects through the Egyptian Initiative for Development in the Nile Basin Countries, Terras noted.

He explained that the plant established operates on a photovoltaic system with a capacity of 4 megawatts, pointing to the organization’s keenness to exchange expertise and train technical workers in Uganda.

The solar panels installed at the plant are produced by the Arab Renewable Energy Company (ARECO), a subsidiary of the AOI. They are efficient and were manufactured in line with international quality standards, Terras said.

The AOI is currently implementing