The Minister of Investment and International Cooperation Dr. Sahar Nasr met with Egypt Country Director of the International Labor Organization (ILO) Mr. Peter Van Rooij, at MIIC premises. The Minister commended the ILO’s approval of implementing the “Better Work” Program in Egypt in 30 garment companies, starting from July to December 2017. The Program is being implemented in seven countries, namely Bangladesh, Cambodia, Haiti, Indonesia, Jordan, Nicaragua and Vietnam. It further deals with 2 million laborers in 1500 factories and has strengthened relations with about 35 companies out of 100 major global companies in America, Europe and Japan, which contributes to increasing job opportunities and attracting investments.
Both sides discussed the latest developments of the program’s implementation at its pilot phase in Egypt. The Minister, on her part, emphasized MIIC’s full support of the program, which would contribute to improving the business environment. She further referred to the full coordination with the Ministry of Manpower to implement the program, while expressing MIIC’s keenness on encouraging foreign investments, especially in lagging regions. Both sides also discussed launching a new program for youth empowerment and implementing long and short-term joint plans between MIIC and the ILO in order to create an attractive investment environment.
On his part, Mr. Van Rooij stated that the program was a unique partnership between the ILO and the International Finance Corporation (IFC), affiliated to the WBG, noting that it was a comprehensive program for providing laborers with better life and increasing companies’ profits.
“The Better Work Program has been operating in 30 companies in Egypt, especially in the garment sector, from July to December 2017. Our vision for the program is to support the garment industry that helps millions of people through providing adequate job opportunities, empowering women, and enhancing inclusive economic growth, which constitutes the core of the 2030 Agenda for Sustainable Development,” added Mr. Van Rooij.