Managing Director for the Southern and Eastern Mediterranean Janet Heckman told Enterprise in a recent sit-down that Egypt is set to be amongst the top two recipients of EBRD’s investments worldwide in 2019. “Overall, we plan to invest some EUR1.2bn in Egypt in 2019,” Heckman said. She added that EBRD has been investing in the transport sector. Separately, she said that EBRD expects to sign the final contacts for a EUR148mn loan for the Kafr El Sheikh Kitchener Drain depollution project on the sidelines of the Africa 2018 Forum in Sharm El Sheikh.
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