Celebrating French development in Egypt

28-11-2016 04:51 PM

Mariam Adly

Minister of International Cooperation Sahar Nasr took part in a celebration on the occasion of 75 years since the establishment of French Agency of Development (AFD). The celebration was attended by Egypt’s Petroleum Minister of and the French Ambassador to Cairo.

The celebration came after signing a number of agreements worth 545 million euros with AFD, German Bank for Construction in Cairo, European Investment Bank, and European Union.

Dr Nasr asserted that Egyptian-French relations are “strong” at the various political and economic levels that could establish bases for opening up horizons of development in all fields.

The minister’s remarks were made during her meeting with French Ambassador in Cairo André Parent as the two sides discussed fields of joint cooperation and future projects that represent top priority for the Egyptian government and people in the current phase.

The two sides agreed on signing the executive agreement pertaining to the establishment of a regional control centre in the Delta region funded by the French Development Agency (AFD) and another agreement on a wind power station in the Gulf of Suez.

The minister lauded the role played by AFD in enhancing cooperation between the two countries since AFD set up its office in Cairo 2007.

AFD has so far funded important projects in Egypt with total investments of 889 million euros. France has carried out several projects in Egypt including Cairo underground project, Qasr al-Aini Hospital, Bibliotheca Alexandrina data system as well as sanitation and water projects.

Watani International

28 November 2016

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