Cairo – Mubasher: The Asian Infrastructure Investment Bank (AIIB) is looking to pump further investments into Egypt’s infrastructure field.
A delegation from the Beijing-based bank has praised the achievements and the investment opportunities in the Suez Canal Economic Zone (SCZone) during an official visit, according to a statement by the Egyptian investment ministry.
The bank invests around $210 million in the solar park project in Benban, Aswan.
Egypt is working on attracting investments to major national projects that meet the citizens’ demand, mainly the infrastructure projects such as the renewable energy, drainage systems, and agricultural reclamation, investment minister Sahar Nasr said.
A healthy infrastructure is the main factor for any successful project, chairman of the Suez Canal Authority (SCA) and the SCZone Mohab Mamish said.
Mamish further noted that he is looking forward to strengthening relations with the AIIB to develop the main infrastructure of the SCZone.
By the end of the visit, Nasr accompanied the delegation in a tour to the national project of fish farming at the SCA.
