German Development Bank
The agreement was signed by Rania Al-Mashat, Minister of International Cooperation, and KfW Office Cairo Director, Bernd Siegfried.
Parliament approved on Tuesday a €225 million agreement previously signed between the Investment Ministry and the German KfW Development Bank.
Sahar Nasr visited the waste water treatment project in Alexandria, financed by the German Development Bank at a value of €91.5 million.
Minister of Investment Sahar Nasr invited the German Development Bank to support private sector’s role in the economic development process.