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Egypt tops EBRD portfolio with $1.3bn

Egypt tops EBRD portfolio with $1.3bn
Egypt's Prime Minister received EBRD VP on Thursday

Mubasher: Egypt is the biggest market for the European Bank for Reconstruction and Development (EBRD) with an investment portfolio of $1.3 billion, said the bank’s Vice President Alain Pilloux.

In a meeting with Prime Minister Moustafa Madbouly and Minister of Investment Rania El Mashat, Pilloux expressed confidence in the Egyptian government’s ability to maintain strong economic growth, monetary and financial stability, as well as economic reforms to enhance the business environment.

Madbouly noted that cooperation with the EBRD is currently focused on wastewater projects.