logo

Over 6,000 projects completed in Upper Egypt with $642mln investment: minister

Zawya27-05-2025
Egypt - Manal Awad, Egypt's Minister of Local Development, met with a World Bank delegation to assess progress in the Upper Egypt Local Development Programme and explore ways to strengthen the region's business environment and private sector engagement.
The delegation included Elin Olafsen, Senior Private Sector Specialist, and Zeeshan Karim, Senior Urban Specialist, along with other World Bank representatives. Also in attendance were Hisham El-Helbawy, the Minister's Assistant for National Projects and Director of the Upper Egypt Programme, and members of the programme's coordination office.
Awad highlighted the longstanding partnership with the World Bank since the programme's launch in 2018, expressing gratitude for the Bank's continued support, which has led to substantial achievements across key governorates. She described the initiative as a flagship model of development cooperation between Egypt and the World Bank.
To date, the programme has implemented more than 6,000 projects with total investments exceeding EGP 32bn, directly improving infrastructure and public services for approximately 8.2 million citizens in Sohag, Qena, Minya, and Assiut. Key focus areas include roads, sanitation, and electricity, with 40% of investments directed toward economic development and institutional capacity-building at the local and technological levels. Awad noted that the programme provides a scalable model for development across other governorates.
The initiative has also advanced Egypt's decentralisation agenda and significantly increased private sector participation, benefiting over 72,000 companies. Surveys show that around 85% of business owners reported satisfaction with the programme's support—an encouraging sign for the government's wider 2024–2027 national reform plan.
El-Helbawy provided updates on the World Bank delegation's recent field activities, including site visits in the four governorates, consultations with governors, and meetings with ministry officials. Discussions focused on enhancing infrastructure in industrial zones and supporting economic clusters in Qena and Sohag.
He also pointed to tangible improvements in industrial zone management, service delivery, private sector engagement, and local revenue generation.
Elin Olafsen praised the programme's role in boosting regional competitiveness, highlighting her visits to the medicinal and aromatic plants cluster in Qena and the industrial zone in Qeft. She commended the strong coordination between the Ministry of Local Development and the Industrial Development Authority in fostering growth in Upper Egypt's industrial sector.
Olafsen reaffirmed the World Bank's commitment to supporting Egypt's efforts to enhance the business climate, digitise local services, and replicate successful models—particularly the economic cluster approach—in other governorates.
The Bank's representatives expressed strong support for the cluster-based strategy, noting that 12 economic clusters have already been implemented, with most nearing completion. Full rollout is anticipated by October 2025.
Zeeshan Karim described the Upper Egypt programme as one of the World Bank's most impactful initiatives in Egypt. She highlighted its achievements in local governance, job creation, and economic development, and reiterated the Bank's dedication to supporting Egypt's broader goals of decentralisation and sustainable urban and economic growth.
© 2024 Daily News Egypt. Provided by SyndiGate Media Inc. (Syndigate.info).
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Global gas flaring surged for second year in a row, wasting about $63 billion in lost energy: World Bank
Global gas flaring surged for second year in a row, wasting about $63 billion in lost energy: World Bank

Al Etihad

time33 minutes ago

  • Al Etihad

Global gas flaring surged for second year in a row, wasting about $63 billion in lost energy: World Bank

20 July 2025 10:02 ABU DHABI (ALETIHAD)Global gas flaring surged for a second year in a row, wasting about $63 billion in lost energy and setting back efforts to manage emissions and boost energy security and the practice of burning natural gas during oil extraction, reached 151 billion cubic meters (bcm) in 2024, up 3 bcm from the previous year and the highest level in almost two estimated 389 million tonnes of CO₂ equivalent—46 million of that from unburnt methane, one of the most potent greenhouse gases—was needlessly some countries have reduced flaring, the top nine largest-flaring countries continue to account for three-quarters of all flaring, but less than half of global oil data compiled and analyaed in the World Bank's annual Global Gas Flaring Tracker shows that flaring intensity—the amount of gas flared per barrel of oil produced—has remained stubbornly high for the last 15 years.'When more than a billion people still don't have access to reliable energy and numerous countries are seeking more sources of energy to meet higher demand, it's very frustrating to see this natural resource wasted,' said Demetrios Papathanasiou, World Bank Global Director for Energy and report highlights that countries committed to the Zero Routine Flaring by 2030 (ZRF) initiative have performed significantly better than countries that have not made the commitment. Since 2012, countries that endorsed ZRF achieved an average 12% reduction in flaring intensity, whereas those that did not saw a 25% accelerate progress, the World Bank's Global Flaring and Methane Reduction (GFMR) Partnership is supporting methane and flaring reduction projects through catalytic grants, technical assistance, policy and regulatory reform advisory services, capacity building, and institutional strengthening. For example, in Uzbekistan, GFMR allocated $11 million to identify and fix methane leaks in the gas transportation network, cutting methane emissions by 9,000 tonnes annually, and potentially reaching up to 100,000 tonnes each year. Source: Aletihad - Abu Dhabi

Egyptian-American economist vying to be next Chancellor of Cambridge
Egyptian-American economist vying to be next Chancellor of Cambridge

The National

time2 hours ago

  • The National

Egyptian-American economist vying to be next Chancellor of Cambridge

Dr Mohamed El-Erian describes the University of Cambridge as his 'happy place'. The Egyptian-American economist, known to millions as a globe-trotting economist who has shaped thinking about historic twists in the world's fortunes, graduated from Queens' College in 1980. After a successful career – working at the International Monetary Fund, as a bond trader, adviser to US President Barack Obama, author and columnist – he returned to his alma mater as president in 2020. He's genuinely one of the kindest people that I've ever met Georgia Box He now hopes to be elected chancellor of the university, an 800-year-old role that has been held by princes and prime ministers. In a ballot of alumni, he is pitted against two lords, a TV presenter, an anti-Brexit campaigner and several academics and business leaders, with the result due to announced by July 23. Dr El-Erian, who was named in the Top 100 Global Thinkers by Foreign Policy magazine and made Worth magazine's list of 100 Most Powerful People in Finance, he has endorsements from former UK prime minister Gordon Brown, Google DeepMind co-founder Demis Hassabis and businesswoman Arianna Huffington. He was born in New York to Egyptian parents, and his father worked as an ambassador, judge and at the United Nations. He grew up in the US and Egypt, as well as being educated at boarding school in England. He won the economics category of the Great Arab Minds awards in 2023. He has run a vigourous social media campaign, mixing his serious message about the transformation he believes is needed at Cambridge with light-hearted interviews gently ribbing rival university Oxford. Dr El-Erian has been seen wearing a Queens football shirt and also gave a tour of his home office which features a giant poster of Cambridge. 'I am happiest here, just ask my daughters,' he says in that video. He sets out his proposals for how the chancellor's role should change: making it less ceremonial and more practical, ensuring the university is on a sound financial footing and open to the international community. As co-chairman of the Cambridge Capital Campaign he has helped bring in £2.2 billion of investment to Queens. 'Cambridge must redouble its efforts to attract funding and donations,' he said in his campaign statement. 'I've seen first-hand how innovation and philanthropy help to support vital research, expand opportunities, and better secure our future. 'If elected chancellor, I'll intensify these efforts by helping to tap into global philanthropic opportunities and to attract the investment Cambridge needs.' He has also spoken about the need to understand how Cambridge can give students a foundation for life. 'Throughout my time here it's been about identifying what the problem is and fix[ing] it,' he said in a video discussing the need for flexible scholarships. In footage filmed on the grassy bank of the River Cam as punts glide past, Georgia Box, an associate at Deutsche Bank, was interviewed about why she was supporting Dr El-Erian. He explained how she was under pressure to start earning, using her new degree, but not continue her studies at a higher level. He helped to design a scholarship that would not just pay for fees and living accommodation, but also 'something extra'. Ms Box said: 'He cares a lot about each and every student. He's genuinely one of the kindest people that I've ever met. I think he's just an excellent leader and I can't think of anyone else that's better for the job.' In her submission to be chancellor, broadcaster Sandi Toksvig points out: 'The first known chancellor of Cambridge was Richard of Wetheringsett who served sometime between 1215 and 1232. After that we have had a plethora of other Richards, many Johns and an awful lot of Stephens. 'After 800 years I wonder if it isn't time for a change,' she asks. Dr El-Erian will be hoping to add the name Mohamed to that list.

Hamas to discuss list of Palestinians to be freed from Israeli jails with Gaza truce mediators
Hamas to discuss list of Palestinians to be freed from Israeli jails with Gaza truce mediators

The National

time20 hours ago

  • The National

Hamas to discuss list of Palestinians to be freed from Israeli jails with Gaza truce mediators

Egyptian and Qatari mediators are set to meet senior Hamas officials in Doha on Saturday to go over a list of Palestinian detainees the group wants Israel to release as part of a hostage swap, sources told The National on Saturday. The latest negotiations towards a ceasefire and hostage deal between Israel and Hamas began in Doha on July 6 amid high expectations fuelled by upbeat comments made by US President Donald Trump that suggested a deal was within reach. The talks have over the past week made significant progress but sticking points remain over issues such as the release of Palestinians from Israeli jails and what comes when a proposed 60-day truce ends. The sources said Saturday's round of discussions will be focused on finding a compromise to overcome Israel's opposition to the release of high-profile Palestinians serving long jail terms following their conviction on security-related charges. The most prominent of those prisoners is Marwan Barghouti, a senior leader of the Palestinian Fatah group who is widely viewed as a successor to President Mahmoud Abbas, who is in his 80s. The sources said the mediators and Hamas officials will also be discussing the mechanisms of distributing humanitarian assistance when a proposed 60-day truce goes into effect. Hamas, according to the sources, wants the aid to be distributed across the coastal enclave and through UN agencies and their affiliated groups. Israel is reluctant to abandon plans to create a 'humanitarian city' near the southern Gaza city of Rafah, where it wants 600,000 Palestinians to be pushed into and receive aid, the sources said – an arrangement likened by critics to a concentration camp. Israel does not want UNRWA, the UN agency for Palestinian refugees, to be involved in humanitarian operations in Gaza, a position that reflects Israel's distrust of the agency that has worked in Gaza for decades. The UN has warned of famine in the Gaza Strip as supplies are being held back by Israel in lorries at the border. While small amounts are distributed in the north, most of the aid in the south is being handled by the controversial US and Israel-backed Gaza Humanitarian Foundation (GHF). Its distribution centres have been the scenes of numerous deadly incidents. At least 32 Palestinians were killed at an aid distribution site in Gaza on Saturday morning, adding to many who have died each day since the inception of the GHF in May. The sources said that focusing Saturday's meeting on the Palestinian prisoners and aid did not mean that another key issue – Israel's withdrawal from Gaza during the proposed truce – has been resolved. 'Some progress has been made on the issue of the withdrawal but more discussions are needed,' said one source. 'But everyone agreed it would be good to move to other pending issues that can be completely resolved and then return to the tough one on withdrawal.' Hamas has repeatedly called for the complete withdrawal of Israeli forces from the enclave as part of a truce deal. Besides the 60-day truce, the main terms of the proposed deal is for Hamas to free 10 living hostages. Mr Trump on Friday said the captives would be released soon. 'We got most of the hostages back. We're going to have another 10 coming very shortly, and we hope to have that finished quickly,' he said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store