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Bilateral Investment! We Are Ready To Invest USD100m! Egyptian Gov’t Pledges Support To Nile Basin Countries Develop Hydro Dams On River Nile!

By Juma Nsubuga 

The Egyptian government has pledged to support the Nile Basin Countries Uganda  inclusive to develop Hydro power dams along the shared Nile River.

This was revealed by the Egyptian Minister of Water,  Professor Hani Sewilam during the  official opening ceremonies of Egypt Grand Museum in Cairo attended by world leaders and dignitaries.

The US$1b facility was opened under the Theme: Celebrating Egypt’s ancient Civilizations.

Sewilam confirmed to hundreds of dignitaries attending the grand opening ceremonies that, the Egyptian government is much ready to invest 100 million US dollars (about Shs360b Uganda shillings) towards this venture.

Meanwhile, Prime Minister Robinah Nabbanja represented President Museveni who is currently traversing the the Country seeking for his re-election.

Nabbanja also held bilateral talks with Prof Hani Sewilam in the Capital Cairo accompanied by  her delegation including  the deputy Ambassador to Egypt Lt. Gen. Charles Angina.

She commended the Egyptian government for the support they intend to give the Nile Basin countries including Uganda but however, urged the Egyptian government  to Also support Uganda to preserve the environment along the Nile river.

In another development, Egyptian President Abdel Fattah Al-Sisi told the gathering that Egypt has entered a new chapter in the history and present future.

“Today we cerebrate together the opening of this Grand Egyptian Museum and we are writing a new chapter in history and present future”  the president mentioned.

The $1b Museum will be opened to the public next week to access its galleries and exhibitions.

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