Saturday 04 Jan
The Egyptian Cabinet, chaired by Prime Minister Dr. Moustafa Madbouly, approved several agreements with Japan during its meeting today. The Cabinet approved a draft presidential decree regarding the exchange of letters concerning a grant for the implementation of the economic and social development program between the Egypt and Japan, amounting to 500 million Japanese Yen.
The Cabinet approved a 500 million Japanese Yen grant to support digital agricultural transformation. This will focus on developing a program for leasing and monitoring agricultural machinery using GPS remote control devices. The program aims to enhance the livelihoods of farmers, particularly those from low-income backgrounds, by increasing agricultural productivity and expanding the use of mechanized farming. The targeted governorates for this project are Dakahlia, Gharbia, and Beheira.
A 35 billion Japanese Yen grant
was approved to finance a program aimed at developing policies to enhance the
private sector and promote economic diversification. The program will focus on
improving the business environment, fostering competition, and supporting the green
transition.The program aims to encourage private sector investments by
improving the business environment and promoting competition, in addition to
supporting economic diversification and the green transition.
The Cabinet approved a grant for the renovation of the National Cultural Center at the Cairo Opera House. This project will involve replacing outdated equipment with modern technology to improve the center's technical services and enhance the visitor experience. The project will be implemented jointly by the National Cultural Center and the Egyptian Ministry of Culture in collaboration with the Japan International Cooperation Agency (JICA).
