Furthermore, Minister of Planning, Economic Development and International Cooperation Dr.Rania Al-Mashat, signed two agreements with the French side in the presence of both presidents. The first was a joint declaration to renew technical and financial cooperation for priority projects in Egypt, building upon the agreement signed on June 13, 2021. The second was a joint declaration for the implementation of four priority projects intended to bolster Egypt's economic development, underpinned by a mutual vision between the two countries.
At a high-level event, a concessional financing and grant
agreement was signed for the "Alexandria Regional Control Center"
project (€50 million from the French Development Agency and a €10 million EU
grant managed by the Agency for the Ministry of Electricity and Renewable
Energy), under the NWFE program's energy pillar.
Agreements were also signed for wastewater treatment
projects: the "New East Alexandria Wastewater Treatment Plant" (€68
million from the French Development Agency and a €2 million grant) and the
"Gabal El Asfar Wastewater Treatment Plant" (€50 million from the
French Development Agency, a €1.5 million grant, and a €10 million EU grant
managed by the French Development Agency). Both are for the benefit of the
Ministry of Housing, Utilities, and Urban Communities.
Additionally, a financing and grant agreement was signed for the "Establishment of the Rubiki / 10th of Ramadan / Belbeis Railway Line" (€70 million from the French Development Agency and an €800,000 grant for the Ministry of Industry and Transport).