Arab Finance: Germany-based company BAMAG is developing a wastewater treatment plant in Egypt, with investments exceeding €15 million, the company’s representative Mansour Iskander announced.

During his meeting with Minister of Investment and Foreign Trade Hassan El-Khatib, Iskander noted that the facility will be implemented in partnership with the Egyptian Maintenance Company (San Misr) and backed by European sustainability funds.

Iskander noted that BAMAG leverages EU financing, especially from the European Investment Bank (EIB), allocated to support climate action and pollution reduction projects in Egypt.

This came during El-Khatib’s meeting with representatives of an international industrial alliance to explore investment opportunities in industrial wastewater treatment technologies and review prospects for expansion into African markets via Egypt.

The meeting also discussed opportunities for technology transfer and local industry development in line with Egypt’s objectives to support water security and drive sustainable growth.

Madbouly announces 5-day holiday for Eid El-Adha Updated 5/29/2025 2:34:00 PM

Egypt prepares 10-year investment map with over 1,000 opportunities Updated 5/28/2025 2:26:00 PM

Egypt, EU to launch €1.8B investment guarantees in June: Al-Mashat Updated 5/27/2025 2:26:00 PM

Egypt, Sweden discuss strengthening bilateral trade Updated 5/27/2025 12:58:00 PM

Badawi inaugurates Saudi TAQA’s operations center in Egypt Updated 5/27/2025 9:40:00 AM