Private investments have grown by 73%, revealing strong potential in ICT, manufacturing, and water desalination

We are committed to increasing private-sector contributions to climate action and the transition to a green economy

Working to enhance private-sector participation in infrastructure through innovative financing mechanisms

It is essential to utilise guarantees, local-currency financing, blended instruments, and investment-risk mitigation models in infrastructure projects

We look forward to a larger financing share for non-regional member countries

 

Ahmed Kouchouk, Minister of Finance, affirmed that Egypt is looking forward to a broader and more diversified investment portfolio with the Asian Infrastructure Investment Bank (AIIB), better aligned with the country’s national development priorities. He emphasized the importance of expanding cooperation in priority sectors such as sustainable transport and renewable energy.

 

In his meeting with Ajay Bhushan, Vice President of the AIIB, on the sidelines of their participation in the Climate Conference in Brazil, Kouchouk said that private investments in Egypt have increased by 73%, revealing strong potential in the ICT, manufacturing, and water desalination sectors — opportunities that could open promising horizons for joint cooperation.

 

He added that Egypt is committed to increasing private-sector contributions to climate action and the transition to a green economy, and is working to strengthen private-sector participation in infrastructure through innovative financing mechanisms and tools.

 

Kouchouk noted that it is essential to utilize guarantees, local-currency financing, blended instruments, and investment-risk mitigation models in infrastructure projects. He added that Egypt is looking forward to a larger financing share for non-regional member countries.