The Ministry of Justice and Future of Egypt Authority for Sustainable Development have signed a co-operation protocol aiming to establish an integrated institutional framework for the governance of management of assets belonging to the Ministry as well as those managed or overseen by the Ministry’s affiliated entities.
The signing of the protocol, in a ceremony attended by Minister of Justice Mahmoud Helmy El-Sherif and Board Chairman of Future of Egypt Authority for Sustainable Development Bahaa El-Ghannam, comes in line with the directives of President Abdel Fattah El-Sis regarding the governance of asset management and the enhancement of institutional integration to achieve sustainable development.
This marks the launch of a strategic vision for co-operation between Ministry of Justice and Future of Egypt Authority for Sustainable Development, focused on the investment and management of the Ministry’s assets and lands in the New Capital in a manner that contributes to the state’s strategic development goals. The protocol provides for leveraging the technical and professional capabilities of the Authority to maximise the investment returns on the Ministry’s assets and lands and develop them in accordance with the latest economic standards.
The Ministry of Justice emphasises that this protocol reflects its firm commitment to transitioning from traditional management methods toward advanced institutional models and effective development partnerships. “These efforts are grounded in the principles of transparency and economic viability, ensuring the preservation of assets,” the Ministry noted in a press release.
