Egypt, US sign $65 million grant for infrastructure in rural areas

Egypt and the United States signed a $65 million grant to support infrastructure in the country, a statement by the Egyptian Ministry of Investment and International Cooperation read on Monday.
In an official statement, the ministry said minister Sahar Nasr signed the agreement for the grant with Sherry Carlin, the USAID Mission Director in Egypt.

Nasr said the agreement affirms the strategic relationship between Egypt and the US, as well as economic cooperation between the two countries.

She mentioned that the deal comes as an execution of orders by Egyptian President Abdel-Fattah El-Sisi on meeting the needs of citizens through infrastructure development, where 1.1 million people in the most vulnerable part of Upper Egypt’s rural areas would benefit.

The Upper Egypt governorates include Assiut, Sohag, Qena, Luxor, Aswan, Beni Suef, and Minya.