Thursday 02/Oct/2025 – 01:38 PM
In response to Cairo 24 about the French investment sectors in Egypt and the way of selecting its fields, Eric Chevalier, the French ambassador to Cairo, said, in response to Cairo’s question 24 about the sectors of the French investment work in Egypt and the way to choose its fields, saying: France does not impose any projects on the Egyptian side, but rather responds to the priorities of the Egyptian government and its development needs.
Economic planning and development
And follow French ambassador in CairoDuring a press conference with Dr. Rania Al -Mashat, Minister of Planning, Economic Development and International Cooperation to renew the Technical and Financial Cooperation Agreement between Egypt and France, with a value of 4 billion euros until 2030, the French investments by the private sector in Egypt that provide tens of thousands of job opportunities, and are consistent with the continuous development of relations.
He also stressed that climate changes are a global challenge, and therefore France is cooperating with Egypt closely in this field, whether through technical support or funding for climate projects.
Dr. Rania Al -Mashat, Minister of Planning, Economic Development and International Cooperation, Eric Chevalier, the French Ambassador in Cairo, announced during a press conference participating at the Ministry’s headquarters in the new administrative capital, renewing technical and financial cooperation between Egypt and France to implement priority projects in Egypt, at a value of 4 billion euros until 2030, implementing the common announcement that was signed during the summit that was held between President Abdel Fattah El -Sisi and his counterpart French, Mr. Emmanuel Macron, as part of the visit of the French President of Egypt from 6 to 8 April 2025.
Dr. Rania Al -Mashat, Minister of Planning, Economic Development and International Cooperation, confirmed the continuation of coordination and joint work with the French ambassador, to implement the axes of the strategic partnership between the two countries.
This came during the joint press conference held at the Ministry’s headquarters in the new administrative capital, to announce the renewal of the technical and financial cooperation agreement worth 4 billion euros between Egypt and France until 2030.
The Minister explained the depth of the extensive partnership between the two countries, among which is the development cooperation as one of the axes within a most comprehensive umbrella that includes investment, trade and the localization of industry, noting that Egypt always seeks to create an attractive investment climate and enhance the participation of the private sector as a basic pillar to achieve economic growth and create job opportunities, in line with the National Sardness for Economic Development: Policies supporting growth and employment that have been done Recently launch it.
She added that the localization of the industry is one of the most important axes of the Egyptian -French partnership, which is consistent with the third chapter of the chapters of the “National Sardah for Economic Development”, through which the state seeks to encourage manufacturing and local product and increase the added value, and in this regard, the ministry is working to exploit the relative advantages of each partner of development to meet national priorities.
