Egyptian Government and World Bank Draft 'Roadmap' for Mineral Wealth Development

Cairo – Nadeh Imam: The Minister of Planning and Economic Development, Dr. Ahmed Rustom, held a bilateral meeting with Namrata Thapar, the Global Director for the Minerals and Mining Sector at the World Bank Group, to discuss ways to strengthen strategic partnership aimed at boosting the mining sector’s contribution to GDP and supporting economic reform plans.

Dr. Rustom emphasized during the meeting that the state attaches great importance to developing the mining sector and is implementing a package of measures and policies designed to empower the private sector and attract both foreign and domestic investments to exploit untapped natural resources. These efforts aim to maximize the added value of resources, create more job opportunities, and support comprehensive and sustainable economic development.

For her part, Thapar praised the tangible structural reforms and serious steps taken by the Egyptian government to develop the mining sector. She expressed the World Bank Group’s anticipation of deepening partnership in this field through providing technical assistance, capacity-building programs, and cooperation in preparing an “integrated roadmap” for the development of mineral wealth and its associated supply chains.