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Tuesday, 26 September 2023

An Egypt-Hong Kong agreement on renewables infrastructure in the offing?

Will Egypt and Hong Kong agree on renewables infrastructure projects soon? Egypt’s Public Enterprise Minister Mahmoud Essmat met with Hong Kong’s Secretary for Financial Services and Treasury Christopher Hui yesterday to explore potential partnerships between the Egyptian government and Chinese private sector developers in clean energy infrastructure, according to a cabinet statement. Essmat expressed his office’s interest in having the firms establish new wind solar energy projects under plans to ramp up green aluminum and steel production in Egypt, while Hui said that the upcoming Egypt-Hong Kong investor meetings could see the two sides kicking the tires on further cooperation. In May, a delegation from Egypt’s Suez Canal Economic Zone visited Hong Kong to discuss partnerships in clean energy and green fuel.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

  • Egypt and Switzerland talk cooperation: Swiss State Secretariat of Economic Affairs Helene Budliger Artieda and Egypt’s Trade and Industry Minister Ahmed Samir discussed potential investments from Swiss companies in Egypt, including potential future projects in the green economy, renewables, infrastructure, agriculture, and logistics. (Statement)

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