UK lifts post-Brexit permits for truckers as trade recovers    Russia accuses US, NATO of 'provocative activity' in Black Sea waters and airspace: Ifax    Russia will soon announce resumption of charter flights to Egyptian resorts    Egypt's PM heads to Libya for joint cooperation discussion    Exporters receive EGP 2.4 bn arrears as part of export support programme phase II    Arab League calls for strategic partnership with UN to establish regional stability    Layalina tent offers fancy Ramadan experience at ZED park    Egypt among few MENA economies to see positive growth during 2021– Fitch    CBE issues new regulations for mobile wallet users    'Either you are in, or you are out', FIFA's Infantino warns Super League clubs    Tottenham's sacking of Mourinho before Cup final 'crazy': Rooney    Manchester United greats Beckham, Cantona oppose Super League plans    European democracy can't be achieved in Egypt rapidly: French Ambassador    Photos: Egypt lights up Ramadan with traditional lanterns    Public investment reaches EGP 1.25trn in Egypt's 2021/22 budget: Planning Minister    US West prepares for possible 1st water shortage declaration    Egyptian Medical Syndicate urges quicker vaccination against COVID-19 for medical staff    Egypt security neutralises 3 terrorists involved in executing Christian in North Sinai    Egypt explains its position on GERD to African leaders    World can bring pandemic under control within months: WHO chief    US-Egypt Business Council urges Biden's administration to include Egypt in climate-focused discussions    Egypt studies possibility of locally manufacturing Sputnik V vaccine    Abu Dhabi's G42 forms big data JV with Israeli defence company Rafael    Navalny must receive medical aid, EU tells Russia    Cairo International Film Festival unveils dates for 43rd edition    Rotterdam Film Festival announces June 2021 hybrid programme    Viola Davis named Hasty Pudding's Woman of Year    Valencia Development launches its 1st project at Egypt's NAC    Egypt's FM embarks on African tour to brief states on GERD updates    Ethiopia to commence 2nd Nile dam filling in July as Egypt, Sudan seek UN help    Egypt, Greece discuss bilateral relations, regional issues    In Photos: The dome of Al-Imam Al-Shafei Mosque inaugurated after restoration    Beni Suef diocese first to fully suspend Holy Week prayers over Covid concerns    Old Cairo's Al-Fustat will be revamped on Egyptian President's directives    'No Sweets': For Syrian refugees in Lebanon, a tough Ramadan    British University in Egypt provides wind turbines to generate electricity for Egyptian countryside    Egypt urges dissuading Ethiopia from taking unilateral action on GERD in letter to UNSC    10 emerging writers receive $50,000 Whiting Awards    J.K. Rowling children's story 'The Christmas Pig' out in October    Veteran Egyptian journalist Makram Mohamed Ahmed passes away at 86    Egypt halts traditional amateur football tournaments during Ramadan    Al Ahly get ready for fierce league clash against Zamalek    Fans allowed at opening match of UEFA EURO 2020: Italy    Egypt sees an uptick in new coronavirus infections registers 801 new cases on Saturday    Allianz Egypt partners with IGNITE to equip brand ambassadors for 2021 Olympics    Hassan Allam consortium wins contract to manage, operate Grand Egyptian Museum    Enhanced Labs signs Mr. Olympia 2020 "Big Ramy" And His Trainer Dennis James    Seasoned Egyptian screenwriter Wahid Hamed dies at 76    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





International Cooperation Ministry, AfDB sign development financing of €109m for rural Luxor sanitation services
Published in Daily News Egypt on 04 - 03 - 2021

Egypt's Ministry of International Cooperation and the African Development Bank (AfDB) have signed an agreement for development funds worth €109m to provide integrated sanitation services in rural areas of Luxor Governorate.
The AfDB will provide financing of €108m in addition to a grant of €1m, with the project set to benefit some 22,000 households in the governorate.
Rania Al-Mashat, Minister of International Cooperation, praised the strategic relations between her ministry and the AfDB, which have contributed to the provision of many development funds in various sectors. These have helped enhance the state's efforts to achieve sustainable development across the country.
The minister said that the development financing supports the achievement of many sustainable development goals (SDGs).
She also said that, with only a decade remaining until 2030, the Ministry of International Cooperation is making every effort through the principles of economic diplomacy, to strengthen international partnerships. These aim to accelerate Egypt's pace of development in line with the UN SDGs.
Minister Al-Mashat added that the housing sector and water and sewage networks were among those sectors that have benefited most from the $1.4bn worth of development funds. This included $500m allocated to social housing projects, and $900m for water and sanitation networks. The AfDB was also among those development partners providing these financing.
For his part, Minister of Housing, Utilities and Urban Communities Assem El Gazzar noted the importance of the project that will be implemented in Luxor Governorate through the AfDB's funding.
A total of 162,000 citizens will benefit from the project at the beginning, with a further 236,000 citizens to benefit in the long term, in addition to 30,000 farmers.
For her part, Malin Bloomberg, the AfDB's Deputy Regional Director for North Africa and the bank's Regional Representative in Cairo, said that the project to be implemented strengthens Egypt's strategy to achieve sustainable development. This also supports the efforts to provide clean water and sanitation services to Upper Egypt.
It is worth noting that the volume of the ongoing cooperation portfolio between the Ministry of International Cooperation and the AfDB amounts to about $640.8m. These cover various development sectors, including electricity, health, global research, entrepreneurship, budget support, drinking water, and sanitation.


Clic here to read the story from its source.