In Egypt, Daily News Egypt reported that Egyptian Prime Minister Mostafa Madbouly witnessed the signing of a Memorandum of Understanding (MoU) on green hydrogen cooperation between the Suez Canal Economic Zone (SCZONE) and the Bureau of Industrial and Labor Affairs of the Tokyo Metropolitan Government (TMG).
The signing took place on the sidelines of Madbouly’s participation the Ninth Tokyo International Conference on African Development (TICAD 9), held in Yokohama, Japan.
Madbouly stressed that cooperation with Japan, as a strategic development partner, carries great significance for Egypt given the high priority the state assigns to the renewable energy sector. He highlighted Egypt’s ambition to position itself as a regional and global hub for the production and export of green hydrogen.
The agreement aims to enhance collaboration between the two sides in advancing green hydrogen projects from both environmental and economic perspectives. It includes provisions for the exchange of expertise, knowledge, and technical information; initiatives to stimulate market demand and expand applications; and the facilitation of mutual visits to strengthen and develop long-term cooperative relations.
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