MSMEDA partners with AFD, EU to revitalize areas in Giza

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Thu, 18 May 2023 - 01:03 GMT

BY

Thu, 18 May 2023 - 01:03 GMT

CAIRO - 18 May 2023: The Micro, Small and Medium Enterprise Development Agency (MSMEDA) signed two contracts under the Unplanned Areas Upgrading and Employment Enhancement Program (UAUEEP) to develop and revitalize the Mit Okba and Ard El Lewa areas in Giza.

The new signed contracts aim to provide about 14,000 job opportunities for irregular workers, and benefit about 50,000 residents in these areas, Basil Rahmi, CEO of the MSMEDA, said.

Rahmi also stated that the development of the Mit Okba area will be completed with funding of EGP 12 million and the development of the Ard El Lewa area, will be completed with funding of EGP 10 million.

The program is funded by the European Union (EU) with a grant delegated to the French Development Agency (AFD).

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