Egypt aims to boost public green investments to 55% – minister

Egypt’s Minister of Planning, Economic Development, and International Cooperation Rania Al Mashat reaffirmed the country’s commitment to green economy transition and environmental sustainability, aiming to increase the share of public green investments to 55 per cent, as per a Cabinet statement.

This came during a meeting with Minister of Environment Yasmine Fouad to discuss the 2025/2026 economic and social development plan for the environment sector, where Al Mashat highlighted Egypt’s Vision 2030, which prioritises establishing a sustainable and integrated ecosystem.

The strategy includes tackling climate change, conserving natural resources, and improving waste management infrastructure.

She also highlighted that from the fiscal year 2026/2027, Egypt will transition from annual economic plans to a three-year development plan in line with the Unified Public Finance Law.

Fouad outlined key environmental projects in the upcoming year, including the delivery of 120 electric buses for Greater Cairo under a $200 million World Bank-backed initiative for sustainable transport.

She also noted the near completion of Egypt’s first integrated waste management city in 10th of Ramadan, spanning 1,226 feddans.

The facility will handle municipal, construction, medical, industrial, and hazardous waste for new cities east of the Nile and is set for private sector investment.

The Environment Ministry is also overseeing the development of waste management infrastructure across Egypt, supporting institutional frameworks to enhance sustainability efforts.

Attribution: Amwal Al Ghad English

Subediting: M. S. Salama