Egypt and Spain Sign Grants to Support Water Treatment and Create Job Opportunities for Youth

Egypt's Minister of Planning Rania El-Mashat and the Spanish Ambassador in Cairo signed two grants worth €800,000 to support development in Egypt. The first grant, €500,000, will support a wastewater treatment project in sugar factories, while the second grant, €300,000, aims to create job opportunities for youth and promote entrepreneurship. El-Mashat emphasized the importance of these partnerships in achieving sustainable development goals and improving water security, while the Spanish Ambassador highlighted Spain's commitment to supporting Egypt in various sectors.

Abdel Fattah El-Sisi: Localizing the Production of Water Desalination and Recycling Equipment is a Priority for Egypt's Industrial Growth

President Abdel Fattah El-Sisi emphasized that localizing industry in Egypt includes investing in the production of water desalination and recycling equipment to support national projects. During his meeting with international companies at the third industrial forum, he highlighted the importance of stimulating the industrial sector, supporting small and medium-sized industries, and enhancing the investment climate. He also focused on strengthening partnerships with the private sector to increase local content in production. Company leaders commended the Egyptian government's efforts to improve the investment environment and provide incentives for investors.

Government Approves 12 Private Sector Partnership Projects in Water and Electricity Sectors

The government has approved the initiation of 12 partnership projects with the private sector in the fields of water, sewage, and electricity. The projects include the right to utilize electricity networks in several areas such as 10th of Ramadan and New October City, along with transformer station projects in Sheikh Zayed, New Mansoura, and 6th of October. The projects also include a water purification station in Mostorod and sludge treatment plants in various areas. These projects aim to enhance the private sector's contribution to economic development and create job opportunities.