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French Development Agency keen on backing new projects in Egypt

The FDA has pumped about two billion euros into projects in Egypt, topped by stage two and three of the third Cairo Metro Line

Ahram Online , MENA , Sunday 20 Jan 2019
Bauduin
Philippe Bauduin, the Deputy Chief Executive Officer of the French Development Agency AFP
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The deputy chief executive officer of the French Development Agency (FDA), Philippe Bauduin, has underlined France's full support for Egypt in the funding of development projects.

During a meeting with Egyptian Minister of Investment Sahar Nasr during her visit to Paris, Bauduin expressed support for Egypt's development programme, saying the agency pumped about two billion euros into projects in Egypt, topped by stage two and three of the third Cairo Metro Line.

The two sides discussed future development plans and Nasr agreed with the FDA on engaging in a new strategic partnership in view of the Egyptian people's needs and government priorities.

Nasr said Egypt was keen on furthering cooperation with France. 

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