Egypt is seeking to scale up private sector investment and concessional financing for water desalination projects through a coordinated effort with a coalition of international financial institutions, the Minister of Planning, Economic Development and International Cooperation said. The talks, held under the directives of Prime Minister Mostafa Madbouly, focused on the water pillar of the NWFE national country platform. The initiative aims to enhance climate resilience and sustainable water resource management through public-private partnerships. “The water sector represents a key pillar of cooperation with international institutions and development partners,” Al-Mashat said, noting that joint efforts are designed to incentivise greater private sector participation in line with state development priorities. The meeting included high-level representation from the French Development Agency (AFD), the Japan Bank for International Cooperation (JBIC), the German Development Bank (KfW), and the Japan International Cooperation Agency (JICA).
Source: Daily News Egypt December 28, 2025 18:00 UTC