The European Union (EU) has launched a €110 million programmme to be implemented in 2020 to develop energy, water, environment, trade, agriculture, and local development in Egypt.
EU Envoy to Egypt Ivan Surkos on July 22, 2019 entered a discussion on the 2020 joint projects.
The upcoming projects come within the 2017-2020 Unified Support Framework worth €500 million by the European Bank for Reconstruction and Development (EBRD).
The EBRD and the Ministry of Investment and International Cooperation coordinate future projects annually.
The talks included Minister of Electricity and Renewable Energy Mohamed Shaker, Minister of Investment and International Cooperation Sahar Nasr, Minister of Environment Yasmin Fouad, Minister of Local Development Mahmoud Shaarawy and Chairman of the Suez Canal Authority Mohab Mamish.
That is in addition to representatives of the Ministry of Housing, Utilities, and Urban Areas; Ministry of Petroleum and Mineral Resources; Ministry of Irrigation and Water Resources; Ministry of Planning, Monitoring, and Administrative Reform; Ministry of Finance; Ministry of Agriculture and Land Reclamation; Ministry of Industry and Trade; and SCzone.
Minister Shaker stated that the main goal of the cooperation with the European Union is boosting the dependency on renewable energy and raising its share in the total energy generated in the country.
The partnership is also aimed at the enhancement of the quality of production and distribution, and the establishment of grid distribution control centers.