The Ministry of International Cooperation signed nine development cooperation agreements with Germany with a value of €160 million in a group of fields, including technical and vocational education and infrastructure, according to an official statement on November 17th.
The agreements include an €80-million grant to fund three projects supporting the competitiveness of the private sector, management of solid waste, and technical and vocational education.
Four financing agreements were signed with a value of €57 million to support the universal technical education initiative in Egypt; rehabilitation of canals and improvement of irrigation; and establishment of excellence educational centers.
Furthermore, four executive agreements with a total value of €23 million were inked for the Nile Water Delta Management program; the project supporting electronic government and innovation; an infrastructure project; and the competency-building project.
It is worth noting that German investments in Egypt amounted to around €2.8 billion at the end of April 2022.
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