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Egypt Signs Mou with EBRD to Expand Public-Private Partnership

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Egypt Signs Mou with EBRD to Expand Public-Private Partnership

(3 Minutes Read)

The agreement focuses on key sectors, including transportation, ports, healthcare, electricity, renewable energy, and water treatment and desalination, among other priority areas.

The Egyptian government has signed a Memorandum of Understanding (MoU) with the European Bank for Reconstruction and Development (EBRD) to expand collaboration on public-private partnerships (PPP) in various sectors.

This agreement aims to enhance private sector participation in infrastructure projects and bolster Egypt’s economic growth through strategic investments. Prime Minister Mostafa Madbouly stated that the MoU establishes a framework for technical support from EBRD to the Egyptian government. This includes institutional support, capacity building for stakeholders, and technical assistance in developing, financing, operating, and tendering PPP projects.

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The agreement focuses on key sectors, including transportation, ports, healthcare, electricity, renewable energy, and water treatment and desalination, among other priority areas. Minister of Planning and International Cooperation Rania Al-Mashat emphasised that EBRD is one of the largest multilateral development banks financing the private sector in Egypt.

Additionally, Egypt was ranked third globally among EBRD’s member countries in terms of operations. In 2024, EBRD invested €1.5 billion in Egypt across 26 projects, with 98% of these investments directed toward the private sector.