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UNIDO, the Egyptian Ministry of Trade, is organizing a forum on eco-industrial parks

The United Nations Industrial Development Organization (UNIDO), in collaboration with the Egyptian Ministry of Trade and Industry, organized a forum at the Dusit Thani Hotel on Monday to promote sustainable industrial development in Egypt by promoting Eco-Industrial Parks (EIPs).

The event, part of the Global Eco-Industrial Parks Program (GEIPP) Egypt, aimed to mobilize national stakeholders and companies around the transition of Egyptian industrial parks to EIPs.

The forum served as a platform to raise awareness among stakeholders about the development of EIPs in Egypt and to highlight related policy outcomes. It also sought to engage the national business community to ensure active participation and involvement in the transition process, while promoting investments in sustainable industrial development among investors and the financial sector.

Several sessions provided insights into the GEIPP and its significance in promoting sustainable industrial development. A roadmap for the transition of Egyptian industrial parks to EIPs was introduced, and successful EIP projects in Egypt were showcased.

A session on financing informed attendees about the options available for EIP projects in Egypt, and international experiences highlighted best practices from around the world.

An exhibition space dedicated to participating industrial parks, including Orascom Industrial Park, Robbiki Leather Cluster and Polaris Parks, facilitated networking opportunities and showcased successful projects and initiatives.

EIPs offer numerous benefits compared to conventional industrial parks, including a smaller environmental footprint, efficiency gains, community cohesion, access to financing and increased business competitiveness.

The GEIPP-Egypt project, funded by the Swiss State Secretariat for Economic Affairs (SECO) and implemented by UNIDO in collaboration with the Ministry of Trade and Industry, aims to demonstrate the viability and benefits of EIPs in scaling up productivity of resources and improving economic conditions. , environmental and social performance of companies.

With a total budget of approximately 1.6 million euros and a duration of three years (2022-2024), the project will be carried out on three industrial parks: Orascom Industrial Park, Polaris Parks and Robbiki Leather Cluster. Other key stakeholders include the Suez Canal Economic Zone (SCZONE), the Industrial Development Authority (IDA) and the General Authority for Investment and Free Zones (GAFI).