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
Debt funding rose to $1.64 billion in 2025, a record for Africa Debt accounted for 41% of total start-up capital invested Kenya led debt...
IMF plans a staff mission to Gabon in February, with no formal program request filed. Authorities say they intend to work toward IMF support after...
Kenya’s competition authority approved Zenith Bank’s takeover of Paramount Bank. The deal would give Zenith its first foothold in the Kenyan banking...
BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitization fund admitted to the exchange. Sonabhy...
Most Read
01

The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...

South Africa’s BoxCommerce Partners with Mastercard on SME Fintech Solution
02

Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...

Togo accounts for 16.2% of cross-border bank financing in WAEMU
03

Circular migration is based on structured, value-added mobility between countries of origin and host...

Circular migration as a lever to turn Africa’s student exodus into value
04

Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...

Amazon and Starlink Set Up Satellite Internet Rivalry in Africa
05

President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...

Nigeria approves targeted incentives to speed up Shell’s Bonga South West project
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.