The European Bank for Reconstruction and Development (EBRD), in partnership with Egypt’s Ministry of Finance and with support from the Ministry of Planning, Economic Development and International Cooperation, has launched the €10 million Egypt Project Preparation Facility (EPPF). The initiative is designed to encourage greater private-sector participation in Egypt’s infrastructure projects through public-private partnerships (PPPs), with a focus on green and sustainable development.
The new facility will support the government in preparing and implementing PPP projects across the country, helping to bring bankable projects to market. By targeting sectors such as utilities, energy, and transport, the EPPF aims to mobilize investment that advances Egypt’s sustainable infrastructure goals while streamlining the PPP process to ensure efficiency and long-term impact.
The launch reflects Egypt’s strong commitment to aligning its infrastructure projects with the United Nations’ Sustainable Development Goals and internationally recognized environmental and social standards. According to Aida Sitdikova, EBRD Director for the Middle East and Africa, the initiative represents an important step in mobilizing private investment for sustainable infrastructure and demonstrates Egypt’s dedication to strengthening PPP frameworks.
The official launch ceremony was attended by senior government officials, including Finance Minister Ahmed Kouchouk and Minister of Planning, Economic Development and International Cooperation Rania al-Mashat, alongside EBRD leaders. The agreement establishing the EPPF was signed earlier this year in the presence of Egyptian Prime Minister Mostafa Madbouly.
Support for the facility also comes from international partners including the Republic of Korea, the Netherlands, and Spain under the High-Impact Partnership on Climate Action (HIPCA). Since beginning its operations in Egypt in 2012, the EBRD has invested more than €13.5 billion across 206 projects, reinforcing its role as a key partner in the country’s economic and sustainable development.
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