May 2, 2017
Japanese Government provides the soft loan for
the Egypt-Japan Education Partnership:
Human Resource Development Project

On May 2, 2017, Mr.
Takehiro Kagawa, Ambassador of Japan to Egypt and H.E. Dr. Sahar Nasr, Minister
of Investment and International Cooperation signed and exchanged the Notes on
the Japanese Yen Loan for “the Egypt-Japan Education Partnership: Human Resource
Development Project”, which extends the soft loan up to the amount of
\10,192,000,000 (Approx. US$91.8 million). At the same time, Mr. Teruyuki Ito,
Chief Representative of JICA Egypt Office and H.E. Dr. Khaled Abdel Ghaffar,
Minister of Higher Education and Scientific Research signed the Loan Agreement
of this project.
The Egypt-Japan Education Partnership: Human Resource Development Project
provides support to nurturing human resources with rich sense of humanity who
can contribute to the economic and social development of Egypt. This partnership
was launched during President El-Sisi’s visit to Japan in last year.
This Partnership envisages that the Japanese Government will provide support to
all the stages of the Egyptian educational system: early childhood education,
basic education, technical education and higher education. This loan is expected
to increase the number of Egyptian students/trainees to Japan, thereby
contributing to the efforts of the Egyptian Government to empower its promising
youth.