The European Bank for Reconstruction and Development (EBRD), in partnership with Egypt’s Ministry of Finance and supported by the Ministry of Planning, Economic Development and International Cooperation, has launched the €10 million Egypt Project Preparation Facility (EPPF). This new initiative is designed to create an enabling environment for the efficient delivery of public-private partnerships (PPPs) in Egypt, helping the government prepare and implement projects that attract private-sector investment.
The primary goal of the EPPF is to bring well-prepared, bankable PPP projects to market and encourage greater private-sector participation in developing green and sustainable infrastructure. The facility will focus on sectors such as utilities, energy, and transport—areas critical to Egypt’s long-term development and climate goals. By aligning infrastructure projects with the United Nations’ Sustainable Development Goals and internationally recognised environmental and social standards, the EPPF reinforces Egypt’s commitment to sustainable growth.
Aida Sitdikova, EBRD Director for the Middle East and Africa, emphasized the significance of this milestone, stating that the facility represents a major step toward mobilising private-sector investment for green infrastructure. She noted that the EBRD is proud to support Egypt’s progress on PPPs and expressed gratitude to the Egyptian government and donor partners for their contributions.
The launch ceremony for the EPPF took place in Egypt and was attended by several key figures, including EBRD Managing Director Mark Davis, Egypt’s Minister of Finance Ahmed Kouchouk, and Minister of Planning, Economic Development and International Cooperation Rania al-Mashat. The agreement for the facility was signed earlier this year between the EBRD and Egypt’s Ministry of Finance in the presence of Prime Minister Mostafa Madbouly.
The EPPF is further supported by contributions from the Republic of Korea, the Netherlands, and Spain under the High-Impact Partnership on Climate Action (HIPCA). Egypt, a founding member of the EBRD, has been a key partner since the Bank began operations in the country in 2012. To date, the EBRD has invested more than €13.5 billion across 206 projects in Egypt, underscoring the strong and ongoing collaboration aimed at advancing sustainable infrastructure and economic development.
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