SFD: Japan, UNDP Secure EGP25.5mn for labour-intensive Projects in Egypt

Japan and UNDP are providing financing worth EGP 25.5 million for labour-intensive infrastructure projects in Egypt.

Egypt’s Social Fund for Development (SFD) has signed Thursday four contracts for labour-intensive infrastructure projects in a number of contracts, said Minister of Industry and Trade and the fund’s Supervisor Mounir Fakhry Abdel Nour.

Upon the contracts, the Japanese government and the United Nations Development Programme (UNDP) will provide EGP 25.5 million finances for labour-intensive infrastructure projects in Aswan, Beheira, Giza and New Valley.

The signing ceremony was attended by Acting Secretary-General Hanaa El Hilaly, governors of Aswan, Beheira, Giza and New Valley, along with the Minister Extraordinary and Plenipotentiary of the Japanese embassy in Cairo and  Anita Nirody, the UNDP Resident Representative of Egypt.