Denmark extends grants to Egypt worth LE 700

Denmark confirmed continuation of extending assistance to Egypt during the coming six years, where it will extend aid during this period worth Dkr 1.4 billion (about LE 700 million).

The Danish grants would contribute to financing the sectors of environment, drinking water, sanitary drainage, energy and electricity.

This came at the end of the annual meetings of consultations between the governments of Egypt and Denmark on Thursday.

The meetings were chaired by Minister of Planning and International Cooperation Ahmad A1 Darsh on the Egyptian side and Lars F. Anderssen, the official in charge of consultations in the Danish government.

The grants would be also used in financing projects aiming at improving the living conditions of poor and limited-income categories as well as increasing the participation of women in development and promoting the role of the non-governmental organizations.

The five-day consultations dealt with the Danish aid strategy for the coming years which focuses on achieving balance between economic development plans and the Danish goals.

Al Darsh hailed the Danish assistance which is used in carrying out development, economic and social projects in Egypt, pointing out to the importance of continuing contributions by friendly countries including Denmark.

"The Danish government extends to Egypt annually grants estimated at Dkr 200 million ( about LE 100 million) on finance projects in the field of new and renewable energy, drinking water and sanitary drainage," added Al Darsh.