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Egypt is moving towards green economy projects to achieve sustainable development goals

The Media Center of the Council of Ministers published a report that included infographics highlighting the state’s trend towards green economy projects, in order to preserve the environment and the health of citizens. The report states that Egypt is the first country in the Middle East and North Africa region to issue government sovereign green bonds in global markets, at a value of $ 750 million for a period of 5 years, while the total value of purchase orders on the issuance of government sovereign green bonds amounted to more than $ 3.7 billion, which contributed in reducing the rate of return to 5.25% instead of 5.75%. The report stated that the launch of these green bonds aims to provide funding for environmentally friendly projects, as well as encourage clean investments in the region The report indicated that the green projects aim at enhancing the efficiency of resource use, as well as reducing carbon emissions, wastes and pollution, as well as preventing the loss of biodiversity. It must be noted that 14% of the total public investment for these projects has been directed to the 2020/2021 budget, as the cost of implementing 691 green projects in the FY 2020/2021 plan is about EGP 447.3 billion. The value of Egypt Portfolio of eligible green projects amounted to $ 1.9 billion until September 2020, of which 16% in the field of renewable energy, 19% in the field of clean transportation, 26% in the field of water and sanitation, and 39% in the field of...

2020-11-12 16:44:20

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Housing and Building National Research Center (HBRC) discusses applied models for sustainable green building

 Technology Innovation Commercialization Offices (TICO) at the Housing & Building National Research Center (HBRC) organized a scientific symposium on " Action Plan and Mechanisms for Applied Models of Sustainable Green Building" under the patronage of Dr. Khaled El-Zahabi, President of HBRC, with the participation of Dr. Khaled Yousry, Vice- Chairman for Research and Studies Affairs, and Dr. Muhammad Masoud, Vice- Chairman for Member Affairs. The symposium included three sessions. The first session, Dr. Mona Fanny, Head of Offices, began by introducing and identifying the technology offices in the center, their activities, and their main goal, which is to apply research and studies at the center. Mona Fanny spoke about the most prominent achievements of the offices, as they consist of three units, the Technology Transfer and Marketing Office, which she heads, and the membership of Dr. Mohamed Saad, explaining the innovations and applied research that the office is marketing. The offices also include the Intellectual Property and Patents Office, where Dr. Medhat El-Mahallawy, the head of the office, explained how to register a patent, the required forms and the conditions for obtaining a patent. Researchers are also motivated to register by exempting them from any registration fees. He also stressed the need for researchers to register patents to preserve and benefit from their innovations. The office is also working on issuing intellectual property...

2020-12-05 10:03:05

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Egypt wins two awards in contracting and energy

The project "Egypt-PV" Small Scale Photovoltaic Systems won the British Energy Institute Award, while the " " company receives the award for the best contracting company in Uganda from the Ugandan president for the company's total achievements in his country. The British Energy Institute announced during its celebration, within the annual competition "EI Awards" for the year 2020, the winning of the project "Small Solar Cell Systems Egypt-PV", which was implemented by the Industry Modernization Center in partnership with the United Nations Development Program, funded by the Global Environment Facility (GEF). This award is considered one of the most distinguished awards in the field of energy. It was awarded to the project for presenting the best practices worldwide for deploying small solar cell systems on the roofs of facilities, noting that the director of the institute recommended transferring the experience gained in implementation to other countries in the world. It is the only Egyptian project that has been selected since the inception of that international award 20 years ago, which is a real achievement for the Egyptian state, and a culmination of the results of the project, which is part of Egypt's great efforts to reduce greenhouse gas emissions within the framework of supporting the implementation of Egypt's 2030 strategy for sustainable development. The project was selected from the projects submi...

2020-12-06 08:23:13

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EGP 121 million for the construction of the Mansouriya transformer station to secure the electrical supply for the huge development works in the (Grand Egyptian Museum) area

Within the framework of the interest that the political leadership attaches to the Grand Egyptian Museum project (the icon of history documentation), and within the framework of concerted efforts from the various sectors of the state to achieve the desired goals, The Egyptian Electricity Transmission Company has signed with Alexandria Engineering Works and TBEA ZONFA a contract to construct a Mansouriya transformer station, voltage (66/11 KV), capacity (4 x 40 MVA), with non-gas insulated type (GIS) missions. Including the supply of main transformers, with a turnkey system, to secure the electrical supply for the huge development work that is taking place in the Grand Egyptian Museum area, at a cost of about 121 million Egyptian pounds. The Ministry of Electricity stated that the funding will be provided by the Egyptian Electricity Transmission Company, with an implementation period of about 10 months, indicating that these works confirm the directives of President Abdel Fattah El-Sisi to strengthen the electrical network in the various governorates of Egypt, and within the framework of the huge efforts that the electricity and renewable energy sector is making to develop electricity transmission networks in the governorates, as part of the plan to raise the quality of the electrical supply provided at the level of the Republic, while taking all precautionary measures to confront the emerging Corona virus within the framework of the general measures taken by the state...

2021-05-05 14:27:00

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