Int’l financing institutions inject about $890 m investments into Egypt’s private sector in Nov.
The Ministry of Planning, Economic Development, and International Cooperation announced that international financial institutions invested ...
President Abdel Fattah El Sisi declared at the 12th World Urban Forum (WUF) the launch of the “National Smart Cities Strategy” and the “National Green Urbanization Strategy”, which aim to reinforce ongoing national endeavors in the domain of urbanization, grounded in global sustainability standards and partnership.
The WUF provides an ideal platform for promoting fruitful and vigorous dialogue among all stakeholders on ways to improve the conditions of human communities and enhance urban development. By fostering collaboration among local communities, international organizations, the private sector, civil society and universities, we can establish partnerships and develop policies and strategies that truly reflect the needs and aspirations of the peoples for a decent life and a more prosperous future.
The president said “I hope this forum will constitute a key milestone on the path toward the implementation of the “New Urban Agenda” and the consolidation of international partnerships. The goal is to identify innovative solutions and formulate practical recommendations that contribute to mitigating the challenges of urban development and advancing the Sustainable Development Goals (SDGs).”
Even amidst the numerous challenges and crises, Egypt has demonstrably exhibited remarkable resilience, achieving notable successes over the past years in construction and urban development, in alignment with the goals of the national strategy “Egypt Vision 2030”. Significant initiatives and large-scale projects have been implemented, primarily the “Decent Life” Initiative for rural development and urban renewal; “Takaful w Karama” for the most vulnerable families; and “Housing for All”, which is Egypt and the world’s largest social housing project for low-income brackets.
Egypt has also established a new generation of cities, adopting sustainability and digital intelligence standards, primarily the New Administrative Capital and the New Alamain City, in addition to another 22 cities. They were established simultaneously in governorates across the republic. Moreover, projects have been launched to develop slums, upgrade unplanned and unsafe areas, and modernize means of transportation.
The Ministry of Planning, Economic Development, and International Cooperation announced that international financial institutions invested ...
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