Schneider Electric, Credit Agricole Egypt Foundation unveil life-changing projects in Menoufia
Updated 1/24/2024 12:57:00 PM
Arab Finance: Schneider Electric and Crédit Agricole Egypt Foundation have jointly inaugurated community development projects in the villages of Shubra Qubala and Mit El Qasri in Menoufia, according to an emailed press release.
These projects come within the framework of a memorandum of understanding (MoU) signed between the two parties.
The partnership targets the development of the Water, Energy, and Food Nexus in these villages by installing greenhouses, fishponds, chicken incubators, irrigation pumps, and a compost unit for recycling agricultural waste all powered by solar energy.
The projects are a significant proof of both entities’ keenness on achieving sustainable development goals, in line with Egypt Vision 2030.
“Our involvement in community development projects began in 2019 when we initially signed the MoU with the Ministry of Social Solidarity to implement various initiatives in multiple villages,” Sebastien Riez, Cluster President of Schneider Electric Northeast Africa and Levant, said.
“We are thrilled to witness the full operation of those projects only six months after signing the MoU with Schneider Electric. [...] Those projects reflect our commitment towards creating a greener future and helping improve people’s livelihoods in the local communities,” Jean-Pierre Trinelle, Chairman of Crédit Agricole Egypt Foundation for Development and Managing Director, Crédit Agricole Egypt, said.
Related News
