Cairo –  National Bank of Kuwait – Egypt (NBKE) inked a cooperation deal with the International Labor Organization (ILO) and Bioenergy for Sustainable Rural Development to establish 60 new biogas and organic fertilisers units in the governorate of Minya.

The partnership came as part of the NBK’s last year initiative, in line with its social responsibility as well as its major role in developing rural societies and promoting green environment friendly jobs.

The project agreement came against the backdrop of the public-private partnership (PPP), the bank said.

NBK aims to boost Cairo’s plans for further partnerships with the international community organisations, within the broader Egypt Vision 2030.

The cooperation was welcomed by environment minister Yasmine Fouad for being a business framework that involved international entities, banks, private sector firms, and the civil society.

“Our strategy underlines NBK’s social and national responsibility, as it strives to continuously play a key role in achieving sustainable social and economic development,” the lender’s vice chairman Yasser El Tayeb said, during the signing ceremony.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2019 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.