Egypt: EIB participates in Financing Sustainable Transportation infrastructure Conference

11-01-2022
EIB-Egypt
EIB-Egypt
Copyright: EIB

The Delegation of the European Union to Egypt and the Ministry of Transportation organized a panel discussion on Financing Sustainable Transportation infrastructure on the sidelines of TRANSMEA Transport and logistics Conference and Exhibition.

The European Financial Institutions working in Egypt, in particular the European Investment Bank (EIB), the French Development Agency (AFD) and the European Bank for Reconstruction and Development (EBRD), participated in the panel, as they have been quite active in supporting the transportation sector in Egypt through concessional loans and in projects funded with grants from the European Union.

Chaired by the Ministry of Transportation, panellists discussed best approaches to finance and sustain costly transport infrastructure projects that are needed to drive economic productivity, reduce Co2 emissions and limit social exclusion. The panel explored innovative ways for financing and funding such vital infrastructure globally and in Egypt with the support of the European Union, the EIB,  the EBRD and the AFD.

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