The Federation of Egyptian Banks (FEB) signed a cooperation protocol with the Department of Military Works of the Armed Forces Engineering Authority and the governorates of Cairo and Giza to develop the infrastructure and boost human development in Helwan, Badrashin, and Manishiet Al Qanater. According to Hesham Ezz El Arab, chairperson of the FEB, the banking sector in Egypt has come together to face the problem of slums, not only through financial support, but also by providing experts and balanced development, out of their belief that the development of slums is the key to activate sustainable development. The new cooperation protocol with the governorate of Cairo includes the provision of EGP 100m to pave and develop some vital roads in the unplanned areas in Helwan, next to establishing a school complex and upgrading some of the existing schools with EGP 77m.The protocol also includes EGP 10m to establish a medical centre to provide service for the citizens. Atef Abdel Hamid, the governor of Cairo, said that the partnership with the FEB to develop slums has contributed directly to improving the quality of service for the citizens in these areas. According to Mohamed Kamal El-Daly, the governor of Giza, contributing to the development of drinking water and the sanitation system has an impact on public health and the environment.

Source: Daily News Egypt May 25, 2017 15:56 UTC