Project Description
GoE intends to implement a comprehensive monetization program to inject new capital into the Egyptian economy, reduce the debt burden on the state budget, and attract new foreign investment and private expertise in the management of currently state-owned assets. GoE engaged IFC as a Strategic Advisor primarily to (i) develop a strategic implementation plan for the monetization program, including the prioritization and categorization of the list of state-owned enterprises and identification of the most appropriate monetization model for each state owned enterprise, and (ii) recommend a potential sale process for each selected asset under the program.