Japan to provide Egypt $360m in energy, infrastructure and technology aid

Japan will provide the Egypt with $360m financial support in the energy sector, marking the development of the relations between both countries. The financial aid will include other sectors such as infrastructure and technology, part of a total aid package for the Middle East amounting to $2.5bn.

Japan has new policies regarding leaders of the Middle East, said Japanese Prime Minister Shinzo Abe on Saturday, during a conference organised by the Egyptian-Japanese Business Council.

Abe said the Middle East is very important to Japan, which provides support to the region’s stability, especially its war against terrorism and extremism.

Abe added that Japan is determined to contribute to achieving stability and will provide aid estimated at $2.5bn to the Middle East in different sectors over the next few years. This will not include military aid, he said.