Minister of International Cooperation, Rania Al-Mashat, and the Governor of Egypt at the World Bank met with several representatives of the Japan International Cooperation Agency (JICA)
Japan’s Toyota Tsusho is to establish two car factories in Africa, with an annual production capacity of 100k cars per factory, Egypt is one of the preferred countries for the country.
This includes a development financing agreement worth $236 million, signed last February, to enhance development policies within the energy sector
JICA also celebrated the conclusion of the new Long-Term Service and Supply Agreement for 3 Power Stations in Middle Delta, West Delta and North Cairo by Mitsubishi Power
MOIC explained that the JICA/Egypt portfolio includes $287 million for investment in human capital
