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  • 3 years ago

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00:00 With the Asian Bank, we have a $1.3 billion deposit.
00:06 We said that it focuses on sustainable infrastructure,
00:10 so we find that this deposit has transportation projects,
00:15 water circulation projects,
00:19 projects that also support the private sector through
00:24 trust lines in the Egyptian banks.
00:26 This bank started with a project called Bimban,
00:31 and there were more than one private sector company
00:33 that benefited from the easy deposits from this bank.
00:37 This is for the projects that are already being implemented.
00:40 But what about the other projects, the new projects,
00:43 that the government aims to offer to the bank to finance?
00:46 There is a project for trust lines with some banks,
00:50 a project for a link between the continent and Europe,
00:57 and we also have projects for sustainable transportation.
01:05 All of this is in the next phase.
01:08 There is another very special thing for this bank,
01:11 or for the framework of international cooperation and development funding
01:14 that we are working on, and we have already mentioned this in 2020,
01:18 which is that we can, through one project,
01:21 have more than one development partner.
01:23 We find that in the Abu Eir metro in Alexandria,
01:27 there was the Asia Bank for infrastructure,
01:30 with the European Bank for Reconstruction and Development.
01:33 - So there are multiple parties.
01:34 - It's a joint funding, but it also depends on the role itself,
01:38 because we have experience in controlling each partner,
01:42 and we can collect or collect funds for one project from more than one side,
01:47 so this is an important point.
01:48 Also, with the International Bank, there was a framework for supporting development policies.
01:53 This happened after COVID, and it was also very important,
02:00 because there were policies that we were implementing,
02:02 especially with the transition to green.
02:04 Also, the bank is a partner with us in the national platform for the Noafi program,
02:09 which we launched in the climate conference here in Sharmsheikh in November last year,
02:13 in the two areas, the energy and the water.
02:16 - All these funds, as we said, are low-cost benefits.
02:21 How much of these funds did the different international funding institutions receive?
02:25 - From 2020 to 2022, there will be three years of funding of about 30 billion dollars,
02:35 of which 9 billion, less than 7 billion, for private sector.
02:39 This is very important.
02:40 From the beginning of the year, 2023, we have more than 2.5 billion dollars for the private sector.
02:48 We always announce the total at the end of the year,
02:51 but our ability to collect these funds is very important.
02:57 How does it happen?
02:58 Especially since the whole world is relying on these funds.
03:01 The projects that we negotiated previously, we were able to implement,
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