EBRD promotes sustainable infrastructure in Egypt through PPPs

The European Bank for Reconstruction and Development (EBRD), in collaboration with Egypt’s Ministry of Finance and with support from the Ministry of Planning, Economic Development and International Cooperation, has launched the €10 million Egypt Project Preparation Facility (EPPF).

Aiming to create a conducive environment to enable the streamlined and efficient delivery of public-private partnerships (PPPs), the facility will support the government in the preparation and implementation of PPP projects across the country. The primary objective of the facility is to bring bankable PPP projects to market and mobilise greater private-sector participation in developing green and sustainable infrastructure in sectors such as utilities, energy and transport.

The EPPF underscores Egypt’s commitment to aligning its infrastructure projects with the United Nations’ Sustainable Development Goals and internationally recognised environmental and social standards.

Aida Sitdikova, EBRD Director for the Middle East and Africa, said: “This facility represents a significant step towards mobilising private-sector investment for the delivery of green and sustainable infrastructure in Egypt. It is a clear demonstration of Egypt’s commitment to advancing PPPs, and we at the EBRD are proud to support this important initiative. I would also like to extend our sincere thanks to the government of Egypt and all our donor partners for their invaluable support in making this possible.”