19 February 2013

Egypt: Technical Program From EU for Implementing 5 Projects

The Egyptian Chamber of Commerce in Alexandria on Monday 18/2/2013 started the practical steps for starting the technical aid program provided by the European Union (EU) to start implementing five new regional projects in Alexandria, mainly in the fields of sustainable tourism, food production, solar energy, waste recycling at an aggregate budget of L.E. 180 million, to which the EU would contribute 90%.

The remaining 10% will be provided by the Arab Academy for Science and Technology, the Federation of European Chambers, the Arab-German Chamber of Commerce.

The three-year program provides for exchanging expertise with the Euro Mediterranean chambers and the specialized authorities.

The first project covers developing tourist and historical heritage as well as enhancing cooperation in the field of tourism, said Ahmed Al-Wakil, Chairman of the Federation of Egyptian Chambers of Commerce and Head of Alexandrian Chamber. He added that the second venture relates to the development of solar energy technology, while the third covers boosting food industries as well as the development of exports, he added.

The fourth project covers developing the societal participation in solid waste treatment through the schools and universities, while the fifth project covers developing supply chains in dairy sector, its production and the exports of its traditional industries, said Al-Wakil.

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