Egypt launches second phase of EU-funded Community Development Program

  • Date: 09-Jun-2020
  • Source: Daily News Egypt
  • Sector:Real Estate
  • Country:Egypt
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Egypt launches second phase of EU-funded Community Development Program

Comments Off on Egypt launches second phase of EU-funded Community Development Program. Egypt has launched the second phase of the Community Development Program (CDP), with a total financing of EGP 111m.. The programme answers several Sustainable Development Goals (SDGs), including Decent Work and Economic Growth, Industry, Innovation, Infrastructure and Sustainable Cities and Communities.. Phase one, worth a total of EGP 113m, is focused on projects to be completed by the end of 2020, while phase two, worth EGP 111m, is focused on work that will be completed by the end of 2023.. The projects financed under phase two include the upgrade of 1.75 km of water supply networks in Assiut.. Ivan Surko, EU Ambassador to Egypt, said the EU remains committed to supporting Egypt in its sustainable development goals under the country's Vision 2030, particularly under the Urban Development Pillar..