WASHINGTON, June 4, 2015 — World Bank Group President Jim Yong Kim will visit Egypt from June 9 to 11 to reaffirm the Bank Group’s commitment to supporting the country’s development goals. This will be Kim’s first visit to Egypt since taking over as president of the World Bank Group in July 2012.
“Egypt’s geographical location at the crossroads of three continents and its role in regional stability offers a huge potential to attract investment that will generate growth and jobs,” said Kim. “I look forward to discussions on how the Bank Group can help unlock the country’s potential and address the needs of the poor and vulnerable, especially in underdeveloped regions.”
On June 10, Kim will give a keynote address at the Tripartite Heads of State and Governments Summit in Sharm El Sheikh.
During his two-day visit to Egypt, Kim will meet with President Abdel Fattah El-Sisi, Prime Minister Ibrahim Mahlab, cabinet members, government leaders as well as private sector and civil society representatives to discuss how the World Bank Group can best continue supporting Egypt to promote sustainable growth and shared prosperity. Discussions will also revolve around the important role of the private sector for economic growth and development in Egypt.
Kim is scheduled to make a field visit to Luxor in Upper Egypt, where social inclusion projects are targeting the poorest areas. He will meet with local leaders and interact with beneficiaries.
Kim will be accompanied on the trip by Hafez Ghanem, World Bank Vice President for the Middle East and North Africa region (MENA) and Mouayad Makhlouf, International Finance Corporation’s Regional Director for MENA.