The initiative aims to promote green transformation in Egypt and is aligned with development efforts in Egypt.
Among the agreements was a memorandum of understanding (MoU) in investment, signed between the General Authority for Investment and Free Zones and the Romanian Agency for Investments and Foreign Trade.
The project is expected to create 1,330 job opportunities during the construction, operation, and maintenance phases.
This announcement was made during a press conference held alongside the presentation of key economic indicators for the fiscal year 2023/2024
She noted the significant growth in investments in the human and social development sector over the past 10 years, increasing from EGP 29.3 billion in FY 2015/2016 to EGP 161.9 billion in FY 2024/2025.
