VOL. XXXV
NO. 26
30-MARCH-1992
Egypt
Egypt Receives Loans and Grants for Two Projected Power Plants
Egypt has received loan and grant promises from a number of international andregional organizations for two projected power plants at Kuraimat, 95 kms. southof Cairo, and at Sidi Kerir near Alexandria.
The World Bank on 5 March approved a loan of $220mn for the 1,200-megawattKuraimat plant. The plant, designed to run primarily on natural gas with fueloil as an option, will cost almost $1.4bn. Earlier...
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