The European Bank for Reconstruction and Development (EBRD) will focus on several pillars over its strategy (2017-2020) in Egypt, mainly green municipalities, energy efficiency, renewable energy, supporting equity, initial public offerings programme (IPOs), and the public private partnerships (PPPs), said President of EBRD Suma Chakrabarti.
“We have very strong experience in the private sector. EBRD will continue to invest more in Egypt’s private sector as that’s what makes us different and it’s our focus,” Chakrabarti mentioned, adding that about 29% of the bank’s projects in Egypt are for the public sector while the other 71% are for the private sector.
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Source:: Daily News Egypt
