International Cooperation Minister Rania Al-Mashat said on Thursday that Egypt's partnership with the European Bank for Reconstruction and Development (EBRD) was "constructive & impactful ."
Al-Mashat said in a tweet that Egypt is a founding member and is the first destination for EBRD investments in the southern and eastern Mediterranean regions (SEMED).
https://twitter.com/RaniaAlMashat/status/1382793528300949506?s=20
She added, "We look forward to expanding our portfolio and enhancing our participation."
It is noteworthy that EBRD's investments in Egypt amounted to more than €1 billion in 2020, out of €2.13 billion that the bank invested in 48 projects in the Mediterranean region.