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Egypt’s MOIC signs 9 joint cooperation agreements with Germany worth 160m EUR

by WAYA Staff - Nov 20, 2022
Egypt’s MOIC signs 9 joint cooperation agreements with Germany worth 160m EUR

Ministry of International Cooperation announced signing 9 joint development cooperation agreements with Germany worth 160 million EUR.

The agreements are in development sectors, including the development of technical education and infrastructure development, in light of Egypt’s agenda for sustainable development and 2030 and promoting green transformation.

The 160 EUR Ministry of International Cooperation agreements are divided as follows:

  • Minister Rania Al Mashat and Svenja Schulze, German Federal Minister for Economic Cooperation and Development, signed the financial cooperation agreement between the Egyptian and German Governments with grants of 80 million euros to support the implementation of three projects in different sectors supporting competitiveness in the private sector, solid waste management, technical education, and vocational training.
  • Al Mashat also signed 4 funding agreements with Thorsten Schneider, KfW Director for Energy North Africa, worth 57 million EUR.
  • The minister signed 4 operational contracts worth 23 million EUR in technical support grants with Alexander Solyga, Director of GIZ’s Office in Cairo,

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