The program aims to support the green transition in the industrial sector, reduce emissions, and enhance the competitiveness of Egyptian industry.
The program is funded by the European Union (EU) with a grant delegated to the French Development Agency (AFD). The contract aims to develop and revitalize the Mit Okba and Ard El Lewa areas in Giza.
The loan agreement, which will be disbursed in two tranches, will finance the construction of the Abu Qir metro line.
EnvironmentMin Fouad pointed out that this project will support the new unit and integrate climate finance in banks which will contribute to more climate investments in Egypt
