Waleid Gamal Eldien, Chairman of the Suez Canal Financial Zone (SCZONE) signed a Memorandum of Understanding (MoU) for cooperation on inexperienced hydrogen with TANAKA Shin-ichi, Director Common of the Bureau of Industrial and Labor Affairs of the Tokyo Metropolitan Authorities, on August 20.
The signing ceremony passed off within the presence of Tokyo Governor Yuriko Koike and Prime Minister Mostafa Madbouly, on the sidelines of the Ninth Tokyo Worldwide Convention on African Growth (TICAD 9), held within the Japanese metropolis of Yokohama.
Madbouly emphasised that this cooperation with Japan as a growth associate is of nice significance to the Egyptian state, given the highest precedence it accords to the brand new and renewable vitality sector. Egypt goals to be a regional and international inexperienced hydrogen producer and exporter, according to related worldwide traits, he mentioned.
The MOU goals to spice up cooperation between the 2 sides on inexperienced hydrogen from each an environmental and financial perspective, by way of the alternate of related experience, information and knowledge, and work to stimulate market demand and help varied functions.
A day earlier, SCZONE signed a cooperation settlement with Japan’s ITOCHU Company and Egypt’s Orascom Development to collectively design, develop, and function built-in services for supplying ships with ammonia as a marine gas on the SCZONE ports of Sokhna and East Port Mentioned.
This settlement will contribute to lowering emissions and supporting the SCZONE’s transition towards sustainable vitality in maritime transport, in line with SCZONE’s press launch.
