Egypt signed a $550 million agreement with the World Bank to finance a sustainable sanitation program in rural areas, Egyptian Cabinet’s website announced.
The signing formalities were attended by Minister of Housing Mostafa Madbouly, Minister of International Cooperation Sahar Nasr, headed by Prime Minister Sherif Ismail, and the World Bank’s Country Director for Egypt,
“The signed program is a part of the national project of the sanitation program for villages introduced by the WB in 2014; it comes among the government efforts to improve the sanitation facilities in the rural areas,” Cabinet spokesperson Hossam al-
Madbouly noted that the program aims to improve sanitation services in 155 villages of 833,000 citizens, through establishing around 167,000 new water and sewer connections from houses to sanitation networks.
The bank noted that the current portfolio of the WB in Egypt includes 27 projects for a total commitment of US$5.8 billion in FY15. The group finances projects that benefit Egyptians in key sectors including energy, transport, water and sanitation, agriculture and irrigation, social protection, health and education.