ArabFinance: Digital payment firm e-finance will be developing the website of the Vehicle Scrapping and Recycling Program (VSRP), a fund affiliated to the Ministry of Finance, according to a Cabinet March 10th approval.

The contract between e-finance and VSRP fund has a duration period of three years. This aims to support the natural gas car replacement state initiative.

e-finance will carry out the communication process between the executive partners taking part in this natgas conversion scheme.

Egypts petroleum minister Tarek el Molla said last month that the plan to increase the number of natural gas fuel stations across Egypt is meeting the set framework.

Copyright 2021 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an as is and as available basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.