The meeting focused on existing cooperation and future investment opportunities in the water and sanitation sector.
Minister El-Sherbiny praised the partnership, noting that
the volume of current projects financed in collaboration with the EIB has
reached approximately €721 million. These projects include sanitation
improvements for villages polluting the Kitchener Drain, the Fayoum Wastewater
Treatment project, and the second phase of the Water and Sanitation Services
Improvement Project (IWSP2).
Rapaille expressed satisfaction with the progress achieved,
attributing the success to the Ministry's strong support, and affirmed the
EIB's commitment to supporting the Ministry's future plans.
The discussion also covered proposals for future
cooperation, with EIB representatives showing readiness to finance the
construction of small-scale desalination plants, sStudies aimed at reducing
water loss in drinking water networks in two governorates planned for
desalination projects, and new sanitation projects using the Results-Based
Lending (RBL) financing model.
Minister El-Sherbiny directed both teams to continue joint workshops and coordination meetings to enhance cooperation and achieve Egypt's goals in the water and sanitation sector.