The meeting focused on electronics, electrical appliances, textiles, oil and gas, nuclear energy, iron and steel, petrochemical sectors, manufacturing subway cars, and importing Egyptian agricultural products
By 2029, when the project is anticipated to be fully operational, the companies plan to establish and utilize 778 MWs of renewable energy,
The Minister of Transport, Kamel El Wazir explained that the Gargoub Port Company will equip, manage, operate and maintain the Gargoub sea port in terms of docks and infrastructure
The conference was organized by the South Korean Ministry of Economy and Finance and the Korea Export-Import Bank, in cooperation with the African Development Bank (AfDB)
This agreement will be funded through the Korea Economic Development Co-operation Fund (EDCF), who will provide $460 million out of the total project cost of $656 million.
