Egypt’s Ministry of Finance is working with IFC, a member of the World Bank Group, and the American University in Cairo (AUC) to promote Public Private Partnerships (PPP) and help raise awareness of the benefits of private sector involvement in major infrastructure projects, including power, water, hospitals, schools, and transport networks.
IFC will provide ad-hoc technical assistance to teachers and students at AUC, a prestigious university in Egypt, including identifying PPP projects to showcase. Part of a Ministry of Finance initiative, the collaboration aims to encourage the creation of such projects by ensuring relevant knowledge is shared.
“These partnerships allow governments to tap into private sector expertise, which makes the delivery of basic services more efficient and helps build necessary infrastructure,” said Atter Hannoura, PPP Central Unit Director at the Ministry of Finance.
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