The Egyptian capital witnessed the signing of nine concessional financing and grant agreements worth €262.3 million between the Egyptian government, France, and the European Union. The agreements were signed during the state visit of French President Emmanuel Macron to Egypt and his meeting with President Abdel Fattah El-Sisi. These agreements aim to implement high-priority development projects in vital sectors such as water, sanitation, renewable energy, and railways.

Two Additional Agreements to Deepen Cooperation
Minister of Planning and International Cooperation Dr. Rania Al-Mashat signed two additional agreements with the French side in the presence of both presidents, aimed at renewing technical and financial cooperation. These agreements will support four priority projects that contribute to infrastructure and economic development, while enhancing technology and human development sectors.

“Alexandria Regional Control Center” Project

Two agreements were signed to fund this project through €50 million in concessional financing from the French Development Agency (AFD) and a €10 million grant from the European Union. The project aims to improve the quality and stability of electricity supply in Alexandria Governorate and modernize the network's control systems, in line with Egypt's ambition to become a regional energy hub.

“New Wastewater Treatment Plant in East Alexandria” Project

This project is funded by €68 million from AFD and a €2 million grant. It aims to expand wastewater treatment capacity to serve 1.5 million people, with a processing capacity of up to 300,000 cubic meters per day, thereby supporting urban development efforts in Alexandria.

“Railway Line Linking Robeiky/10th of Ramadan/Belbeis” Project

The project is financed with €70 million from AFD and a grant of €800,000. It aims to improve the transportation sector by facilitating cargo movement between industrial zones and dry/sea ports. This will help reduce costs and time, boost industrial activity, and create new job opportunities.

“Gabal El Asfar Wastewater Treatment Plant” Project

This project includes €50 million in financing and two grants totaling €11.5 million. It aims to enhance the capacity of one of Egypt's largest wastewater treatment plants, to accommodate population growth and improve the quality of sanitation services.

A Shared Strategic Vision

Dr. Rania Al-Mashat affirmed that these agreements reflect the strength of the partnership between Egypt and France, especially after upgrading their relations to a strategic partnership. She noted that further consultations will take place to determine priorities for future projects, with French funding directed toward sustainable development in areas such as infrastructure, climate, education, and technology.

These projects represent a successful model of international cooperation and directly contribute to Egypt's efforts to achieve sustainable development through effective partnerships with France and the European Union.