Sunday 20/July/2025 – 06:10 PM
Dr. Rania Al -Mashat said Minister of Planning And economic development and international cooperation, cooperation is very accurately, and continued that there are strategic relations between Egypt and the European Union, explaining that Egypt and Germany have strategic relations, and there are more than 1,400 German companies operating in Egypt.
Dr. Rania Al -Mashat stated that through the debt swap initiative with Germany, we were able to implement projects and provide a financial space to implement energy and infrastructure projects.
Al -Mashat: We are in the end of financial cooperation negotiations with Germany .. We were able to provide a financial space to implement energy projects
Al -Mashat indicated that the Egyptian economy is witnessing a remarkable improvement in growth indicators and we are working to enhance the stability of the total economy to attract more foreign investments.
She explained that the development of technical education is part of our effective partnership with the German International Cooperation Agency GIZ to support national priorities in increasing employment.
She stated: We study with the German partner to increase the development funds for the private sector through German financing institutions, regarding the end of the annual financial cooperation negotiations, the availability of facilitated financing, grants and support for the development of the economy and the implementation of structural reforms.
She explained that there are 1,600 German companies operating in Egypt with investments exceeding 6 billion euros in the sectors of development, green and manufacturing.
