Chat with us, powered by LiveChatEBRD - Egypt, assistance for investments in energy projects - FASI
FASI - Funding Aid Strategies Investments

EBRD - Egypt, assistance for investments in energy projects

|Investments
26 October 2016

The assignment includes ex-post verification of investments in energy efficiency and renewable energy.

Egypt - Photo credit: Pedro Vizcaino Pina via Foter.com / CC BY-NC-SA

ADB - Philippines, consultancy for PPP projects in infrastructure sector

ADB - Nepal, consultancy for energy project supervision

Context: Egypt and major challenges in energy sector

Egypt is a net importer of oil and gas despite the presence of domestic sources. Although there have been recent large increases in gas and electricity prices to industrial consumers, energy prices in Egypt are low in comparison with those in the region. Historically low prices for energy and energy subsidies have led to the development of energy- and carbon-intensive industries in Egypt, with Egypt's economy the third most energy intensive in the MENA region.

Project: Southern and Eastern MEDiterranean Sustainable Energy Fin

;