Silverman said the U.S. backs Egypt’s efforts under its Vision 2030 framework, stressing that stronger maritime infrastructure would create broader opportunities for economic cooperation between the two countries.
Egypt targets over 5% growth while expanding innovative financing and private sector partnerships.
He pointed out that the Egyptian market offers significant opportunities, particularly considering the substantial investments made in infrastructure over recent years
“This event, in terms of size and importance, is the second largest organized by the UN after the climate conference, which Egypt had the honor of hosting in Sharm El Sheikh,” he added.
This announcement came during a high-level meeting held in London, where the minister emphasized the importance of these investments in driving economic growth and achieving sustainable development rates between 6% and 7%.