The influential role of the private sector extends from the ability to finance to the efficiency of management and operation and ensuring the quality of services provided to citizens

We are working to expand the projects of "partnership with the private sector" in all sectors of sustainable urban development

We seek to expand the development of local resources in the governorates and enhance the contribution of the private sector in the implementation of projects  to provide more job opportunities

We are open to any innovative ideas that contribute to the advanced management and enhance local revenues and financial resources and direct them to the benefit of the citizen

"Blended finance" and the use of "guarantees" are tools that help reduce cost and provide good returns to the private sector to ensure sustainability

The country has provided a framework for green and sustainable financing that complies with international standards,

We have Egyptian models for successful partnerships with the private sector in the fields of new and renewable energy, transport, infrastructure and human development, and we will expand strongly in this path

The Upper Egypt Development Project funded in partnership with the World Bank constitutes a distinct model for local development and localization

 

 

Minister  of Finance, Ahmed Kouchouk, stressed that the "financing needs" to achieve the sustainable development goals exceed the capabilities of governments, and that there is no  alternative to partnership and enhancing the role of the private sector and all development partners, taking into account the influential role of the private sector, which extends from  the ability to finance to the efficiency of management and operation and ensuring the quality of services provided to citizens, pointing out  that we are working  to expand the projects of "partnership with the private sector" in all sectors of sustainable urban development.

 

The Minister added, during his participation in a discussion session at the World Urban Forum entitled: "Financing a Sustainable Urban Future for All " ,that we seek to expand the development of local resources in the governorates and enhance the contribution of the private sector in the implementation of projects to provide more job opportunities, stressing that we are open to any innovative ideas that contribute to advanced  management and enhance local revenues and financial resources and direct them to the benefit of the citizen.

 

The Minister pointed out  that "blended financing" and the use of "guarantees" are tools that help reducing cost and providing good returns for the private sector to ensure sustainability, pointing out that the State has provided a framework for green and sustainable financing that complies with international standards, and provides new financing tools for the private sector.

 

The Minister explained that we have Egyptian models for successful partnerships with the private sector in the fields of new and renewable energy, transport, infrastructure and human development, and that we will expand strongly in this path, within the framework of the State's keenness  to increase the role and contribution of the private sector in economic activity, pointing out that the Upper Egypt development project funded in partnership with the World Bank constitutes a distinct model to achieve local development and localization.