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Egypt and Jordan Discuss Economic Cooperation and Infrastructure Financing

Bangkok:Minister of Planning and Economic Development Ahmed Rostom engaged in talks with Jordanian Minister of Planning and International Cooperation Zeina Toukan to explore economic cooperation and development initiatives.

According to State Information Service Egypt, the discussions occurred during the sidelines of the International Monetary Fund (IMF) and World Bank Group Annual Meetings in Bangkok, Thailand.

Rostom emphasized Egypt's eagerness to enhance cooperation with Jordan by sharing expertise in economic planning and development. He highlighted Egypt's Infrastructure Financing Guarantee Facility, which is being developed in collaboration with the World Bank Group to attract private investment in infrastructure projects. This facility aims to offer financial guarantees for projects related to water resources, green energy, sustainable transport, and industrial infrastructure.

Toukan expressed Jordan's enthusiasm for deepening cooperation with Egypt and showed interest in learning about the facility, particularly its potential to aid infrastructure financing and bolster private-sector investment.

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