At the side of his visit to attend the Egypt Economic Conference, the UNIDO Director-General, Mr. Li Yong, visited the regional office in Egypt on the 16th March and launched UNIDO’s new solar energy project on the 17th March.
During his meeting with UNIDO – Egypt staff members, he praised the efforts exerted by them and highlighted the importance of upscaling and expanding UNIDO activities in Egypt. He also stressed on the importance of focusing on UNIDO’s competitive advantage being the promotion and acceleration of inclusive and sustainable industrial development (ISID) in developing countries and economies in transition.
Li yong and the Minister of Industry, Trade and Small and Medium Size Enterprises, Mounir Fakhry Abdel Nour launched a new solar energy project that will focus on developing local capacities to manufacture solar energy products and components that are in compliance with international quality norms, with the objective of pursuing ISID. It is expected to bring in considerable investments from the private sector to support building the solar industry within Egypt, allowing it to play a leading role in the Middle East and North Africa region.