Sunday 19 January 2020

" Al-Mashat " organizes a visit by the Executive Directors of the World Bank to the "Banban" solar energy project in Aswan

Minister of International Cooperation: The project contributes to achieving the seventh and thirteenth goals of the sustainable development goals and reflects the partnership between the public and private sectors
World Bank executives praise the project: "ideal" according to the bank's standards and a role model for sustainable and environmentally friendly development

Aswan - Eco - Fady Labib: The Ministry of International Cooperation organized a visit to the high-level delegation of the Executive Directors of the World Bank, today, Sunday, January 19, 2020, to the solar project "Benban" in Aswan, which is the largest project of solar cells in the world And the project got the best distinguished projects of the World Bank in the world ...


Members of the World Bank delegation of executives praised the solar power plant project, noting that Egypt's reforms in the energy field opened a stronger door for private sector investment, as this project attracted more than two billion dollars in investments and this shows the role of reforms in the energy field, where The International Finance Corporation, the investment arm of the World Bank, participated in this project with investments worth 653 million dollars, within the total value of the project, which amounts to two billion dollars, and with the participation of the European Bank for Reconstruction and Development and a large number of major international companies, explaining that "Benban"  project "Perfect" in accordance with international standards of the bank, in terms of choice of location and efficiency and is a model for sustainable development and environmentally friendly, and contributes to the achievement of many of the goals of sustainable development.

Commenting on this project, Dr. Rania Al-Mashat, Minister of International Cooperation, confirmed that this project reflects the comprehensive strategic partnership that Egypt has reached with the World Bank, in light of what Egypt is undertaking of an economic reform program, part of which includes working to enhance the role of the sector Private sector in achieving sustainable economic growth, and in the framework of the partnership between the public and private sectors, in order to achieve the sustainable development goals, as it supports the seventh goal of the sustainable development goals by providing clean energy at reasonable prices, in light of the government's plan to generate 20% of electricity from clean energy by 2022, also supports the thirteenth goal m The Sustainable Development Goals, which is climate action, reflects Egypt's international commitment to its international climate change agreements.


The delegation of the World Bank’s CEOs includes Dr. Mirza Hassan, Dean of the Board of Executive Directors and Executive Director of the World Bank, Ambassador Raji Al-Atribi, Alternate Executive Director for Egypt and the Arab Countries at the World Bank, Jean-Claude Chauchuang “Djibouti”, and Juergen Zatler “Germany”, Adrien Fernandez “Uruguay”, Ann Kabagampi “Uganda”, Roman Marshavin “Russia”, Richard Montgomery “United Kingdom”, Abarna Subramani “India” and Katarzina Korovska “Poland” in addition to Marina Weiss, Director of the World Bank office in Egypt, Walid Labadi, Director of the IFC Office in Eng Grate, the high-level delegation from the World Bank’s CEOs to Egypt represents part of the bank’s Board of Executive Directors which is chaired by the President of the World Bank Group and consists of 25 executives representing 189 countries from the World Bank member countries, and this is the first visit to Egypt for this delegation in a year 2014.

The solar energy project in Benban Baswan is the largest solar cell project (PV) in the world, as a number of solar energy stations gather in one place, with a total capacity of 1465 megawatts, in cooperation with 32 investors, and the project contributed to the development of the entire region by Employment of young people from the villages of Banban, the villages and the neighboring centers, but there are workers from the governorates of Lower Egypt and all parts of the country, where the number of employment reached about 10,000 workers, technicians and engineers during the project implementation period, which is what qualified those workers trained to be distinguished in the field of installing power stations Solar.

During their visit to Benban in Aswan, the delegation of executives of the World Bank visited the Benban Health Care Unit, which is among 600 health units supported through a project to develop a health care system in which the World Bank contributes $ 530 million, and also includes the development of 30 hospitals in several Governorates, and the project supports the initiative of 100 million health, survey, and treatment of C virus and noncommunicable diseases, and the health unit in the Benban provides services including maternal and child care, preventive services and vaccinations, emergency reception, support to the program for rural women pioneers, the VCS survey and noncommunicable diseases, and the use of land The visiting physician program, in the field of family planning, serves approximately 4,350 people.

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