Egypt and Japan have signed 12 agreements across various sectors, including education, energy, and industry.
Egypt and Japan formally cemented a new era of economic partnership on Monday, August 18, signing 12 agreements and memoranda of understanding (MOU) aimed at bolstering investment and deepening cooperation across a wide array of sectors. The signings, which took place during the Egypt-Japan Investment Forum in Tokyo, underscore a mutual commitment to strengthening bilateral ties in areas from education to Green Energy.
The forum was attended by a high-level Egyptian delegation led by Prime Minister Mostafa Madbouly, along with several key ministers.
The agreements have a strong emphasis on clean energy and sustainable development. The Suez Canal Economic Zone (SCZone) emerged as a central player in these deals, partnering with Japanese firms to establish Egypt as a regional hub for green energy. A key agreement with ITOCHU Corporation and Orascom Construction will focus on designing and operating green ammonia bunkering facilities at SCZone ports, aiming to reduce emissions in the crucial maritime corridor. Additionally, the SCZone partnered with the Tokyo Metropolitan Government to cooperate on Green Hydrogen bunkering, an initiative that will involve knowledge-sharing and stimulating demand for this clean fuel.
Industrial partnerships are also set to thrive. The Arab Group entered a venture with Japanese firms for international R&D, design, and quality assurance, while Kageto and Onkyo signed a separate deal for the local manufacturing of audio-visual products. In the Automotive Sector, Toyota Tsusho committed to a major investment, working with Egyptian ministries to localize car production. The company also signed a memorandum of understanding with the Egypt-Japan University of Science and Technology (E-JUST) to support scholarships, ensuring a skilled workforce for future projects.
A significant portion of the new agreements also focused on education, with several Japanese companies poised to contribute to Egypt’s educational reform efforts. Casio signed a deal to provide training for primary school mathematics teachers, while Sprix is set to assist in the development of mathematics and IT curricula based on the renowned Japanese model. In a move to enrich the curriculum, Yamaha will introduce music education, supply musical instruments, and train music teachers in 100 schools.
The forum and signings took place on the sidelines of Prime Minister Madbouly's visit to Japan, where he is representing President Abdel-Fattah El-Sisi at the 9th Tokyo International Conference on African Development (TICAD 9). The TICAD forum, a prominent international platform for advancing cooperation with Africa, provides a significant backdrop for Egypt's renewed engagement with Japan, highlighting a shared vision for future growth and sustainable development.
