Public Management

Egypt reaches deal with the UN to build eco-industrial parks

Egypt reaches deal with the UN to build eco-industrial parks
Friday, 21 January 2022 16:39

Egypt has been multiplying efforts in recent years to reach the United Nations' sustainable development goals.

In its Egypt Vision 2030 agenda, the government plans to focus on improving its social, economic and environmental standards. As part of this framework, it signed a deal with the United Nations Industrial Development Organization (UNIDO) to develop eco-friendly industrial zones in the country. The information was made public through a January 18 press release by the trade department.

The project will receive funds from the Swiss government, under the “Global Eco-Industrial Parks Program (GEIPP) in developing and transition countries. According to the Egyptian Minister of Trade and Industry Nevine Gamea (pictured), the construction of eco-friendly industrial complexes is an effective way to meet the "challenges of inclusive and sustainable industrial development” in Egypt. This type of project, she said, contributes to "attracting more local and foreign industrial investment" and is, therefore, a provider of jobs.

"It (the project, ed) also facilitates the transition to a green industry and a circular economy by reducing greenhouse gases resulting from manufacturing, in addition to the optimal use of resources," Minister Gamea said.

Jean-Marc Gogbeu, intern

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
The Alliance of Sahel States plans to create a joint purchasing agency covering Mali, Burkina Faso, and Niger. The initiative aims to regulate cereal...
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $25 million and $40 million. The acquisition...
African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian businessman Abdul Samad Rabiu posted the largest...
Kenya Pipeline Company will list on the Nairobi Securities Exchange by the end of January 2026. The IPO targets local and foreign investors as part of...
Most Read
01

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
02

Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...

Togo Overhauls Anti-Money Laundering Rules to Meet Global Standards
03

Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition PDP alleges illegal inse...

Nigeria’s Tax Overhaul Set to Take Effect Amid Fury Over ‘Illegal’ Changes
04

Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...

Gabon Appoints Thierry Minko Economy Minister in Post-Transition Reshuffle
05

Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect b...

CEMAC Bloc Clears Way for Private Credit Bureau: New Implications for Regional Lending
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.