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Review of the promotion of the blue economy and the development of Egyptian lakes

Environment Minister Yasmine Fouad discussed on Thursday with the head of the Suez Canal Authority (SCA), Ossama Rabie, joint cooperation in a number of important issues related to the environmental dimension and sustainable development goals.

Editorial staff by Editorial staff
March 17, 2023
in Integrated Activities, News, Players
Reading Time: 2 mins read
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Review of the promotion of the blue economy and the development of Egyptian lakes

Review of the promotion of the blue economy and the development of Egyptian lakes

Review of the promotion of the blue economy and the development of Egyptian lakes – Environment Minister Yasmine Fouad discussed on Thursday with the head of the Suez Canal Authority (SCA), Ossama Rabie, joint cooperation in a number of important issues related to the environmental dimension and sustainable development goals.

The meeting focused on ways to promote the blue economy and the advancement of the Egyptian lakes development project, in addition to ways to achieve integrated management of coastal areas and solid and liquid waste.

The minister affirmed the importance of cooperation with ACS in view of current changes, especially climate change, and the development of an integrated strategy for the blue economy by taking advantage of the World Bank’s support.

She also considered it imperative to combine all the efforts of the state institutions to develop the concept of the Egyptian blue economy in view of the ambitious vision adopted by the Egyptian government under the leadership of the Prime Minister for the development of the resources of this vital sector.

For his part, the chairman of the Authority explained that the Suez Canal is working to implement a comprehensive strategy to diversify sources of income by adopting a set of giant national projects based on the concept of the blue economy, such as locating yacht tourism through the development of marinas on the canal’s shores and the construction of the first green marina in the region.

He also mentioned the authority’s participation in the development and purification of Egypt’s lakes, foremost among which is the national project for the development of Lake Bardawil and the development of Sinai, in implementation of President Abdel Fattah Al-Sissi‘s directives to increase the lake’s fish production from 4,000 to 11,000 tons and to restore the area’s ecosystem.

Review of the promotion of the blue economy and the development of Egyptian lakes

Tags: africablue economyblue transformationegyptsuezworld bank
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