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Egypt launches new initiative to support Public-Private Partnerships with focus on investment and development Finance Minister Ahmed Kouchouk

Egypt launches new initiative to support Public-Private Partnerships with focus on investment and development

Egypt's Ministry of Finance has announced the launch of a new initiative to create a dedicated account for funding feasibility studies and consulting services for public-private partnership (PPP) projects. The initiative, unveiled by Finance Minister Ahmed Kouchouk, aims to accelerate development by expanding collaboration between the government and private sector, with strong support from the European Bank for Reconstruction and Development (EBRD).


Speaking at a ceremony marking the launch—and attended by several ministers and EBRD representatives—Kouchouk highlighted the private sector’s important role, accounting for 65% of total investments in Egypt. Over the past year, 30 PPP projects have been approved and commenced, with a total investment of EGP 41 billion, focusing on key sectors like dry ports, clean water, wastewater, electricity networks, sludge treatment, and technical education.


Future PPP projects are expected to attract investments worth EGP 25–30 billion, further cementing the private sector’s contribution to Egypt’s sustainable growth. Projects will be offered in areas of high demand for both international and local investors.


Planning and Economic Development Minister Rania Al-Mashat emphasized the integrated efforts of Egypt’s economic ministries, noting that more than 80% of EBRD investments in Egypt support the private sector. She added that this cooperation enhances Egypt’s status as a platform for international partnerships, with a focus on sustainable economic policies and improved business confidence.


The new funding mechanism, described as a model of successful cooperation with the EBRD, will streamline project preparation by reducing the time needed to hire consultants from 15 months to just eight weeks. The EBRD is contributing €10 million to this initiative. Under the terms, the winning investors will reimburse the account for consultancy costs, ensuring financial sustainability and potentially supporting green PPP projects in the future.


This new initiative reflects Egypt’s commitment to fostering a reliable, transparent, and supportive investment environment, and accelerating the country’s path toward sustainable development through meaningful public-private collaboration.

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