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  • Thursday, 13 February 2025

During H.E.’s participation in the 2025 World Governments Summit in Dubai… The Minister of Planning, Economic Development, and International Cooperation Meets the Director-General of ADFD and the Director of Public Governance at the OECD

“Al-Mashat” discusses with the Director-General of the Abu Dhabi Fund for Development the future of joint relations in financing renewable energy projects.

A mission from the Abu Dhabi Fund for Development will visit Egypt soon to explore partnership projects between the two sides.

H.E. Dr. Rania A. Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, held a series of bilateral meetings during her participation in the 2025 World Governments Summit in Dubai, which is held under the theme “Shaping Future Governments.” The summit, taking place this week, has broad participation from heads of states, governments, and international and regional organizations, with discussions focusing on various cooperation opportunities.

Meeting with the Director-General of the Abu Dhabi Fund for Development

The Minister of Planning, Economic Development, and International Cooperation held a meeting with Mr. Mohammed Saif Al-Suwaidi, Director-General of the Abu Dhabi Fund for Development (ADFD), to discuss the status of ongoing cooperation programs between the Arab Republic of Egypt and the Abu Dhabi Fund for Development. They also explored potential cooperation in future projects. 

H.E. Dr. Al-Mashat expressed her gratitude to the United Arab Emirates and its institutions for their support and contributions to funding development projects in Egypt, aligning with the Egyptian government's development efforts and Egypt Vision 2030.

Both sides reviewed ways to expand cooperation as part of broader efforts to enhance economic diplomacy for funding development in Egypt. This includes efforts to encourage investment and improve the business environment in key sectors such as renewable energy, technology and telecommunications, agriculture, the green economy, and public-private partnerships in seawater desalination projects.

They also discussed preparations for a mission from ADFD to visit Egypt later this year to assess the future of bilateral relations and explore future projects.

H.E. Dr. Al-Mashat reaffirmed the strong relationship between the two brotherly nations across various fields, emphasizing its importance in addressing regional challenges, particularly in the economic sphere.

It is worth noting that the cooperation between Egypt and ADFD began in 1974, making it one of Egypt's most important development partners. ADFD has contributed to financing numerous priority projects in Egypt across sectors such as agriculture, industry, electricity, housing, roads, and agricultural development.

The total value of the cooperation portfolio with the ADFD has reached 4 billion AED (equivalent to 1.1 billion US dollars) to finance 20 projects. Currently, many projects are being implemented, including the planning and development of the Manshiyet Nasser area and funding for micro-projects.

Organisation for Economic Co-operation and Development (OECD)

H.E. Dr. Rania Al-Mashat met with Ms. Elsa Pilichowski, Director of Public Governance at the OECD, and expressed her deep appreciation for the fruitful cooperation between the Egyptian government and the OECD in the framework of the EU-funded project "Support to Strengthen Public Administrative and Economic Governance in Egypt" over the past three years. This project has supported the Egyptian government's efforts to strengthen the monitoring and implementation of priority public governance reforms, particularly in supporting the implementation of Egypt Vision 2030 and the National Administrative Reform Plan.

H.E. Minister Al-Mashat emphasized that this successful cooperation has resulted in two key achievements: the OECD Public Governance Review of Egypt and the Guide for Preparing the Annual General Economic and Social Development Plan. These outcomes reflect the strength of the partnership and its transformative contributions to governance and economic planning in Egypt.

H.E. Dr. Al-Mashat expressed her aspiration to further enhance the implementation of the State's Public Planning Law No. 18 of 2022 through the establishment of governance structures for medium-term and annual planning within the Ministry of Planning, Economic Development, and International Cooperation. She also affirmed the need to promote sectoral strategic policy planning, and project planning, as well as the preparation of a planning guide for medium- and long-term plans, while deepening cooperation with the OECD, and translating these efforts to tangible results that lead to real change.