• We are committed to strengthening the private sector’s role in achieving national targets for new energy and water desalination, alongside technology transfer
• We offer incentives and initiatives to encourage the transition to a green economy, expand renewable energy projects and localise supporting industries
• We are developing attractive financing and investment packages for water desalination projects and the localisation of the desalination industry
• We aim to maximise the economic returns from desalination projects and develop coastal areas
• We look forward to greater cooperation on technology transfer with ACWA Power as a strategic partner in sustainable infrastructure projects

Finance Minister Ahmed Kouchouk said Egypt is seeking more effective international partnerships to secure concessional financing to address climate change and achieve energy security. 

Meeting Mohamed Abunayyan, CEO of ACWA Power, on the sidelines of the climate conference in Türkiye, Kouchouk said Egypt is committed to strengthening the private sector’s role in achieving national targets for new energy and water desalination, alongside technology transfer.

He said Egypt offers incentives and initiatives to encourage the transition to a green economy, expand renewable energy projects and localise supporting industries.

Kouchouk added that the government is developing attractive financing and investment packages to implement water desalination projects and localise the industry, with the aim of maximising their economic returns and developing coastal areas.

“We look forward to greater cooperation on technology transfer with ACWA Power as a strategic partner in sustainable infrastructure projects,” he said.