Middle East Economic Survey
VOL. LII
No 48
30-Nov-2009
syria
EIB Signs 50Mn Loan Agreement With Syria
The Facility for Euro-Mediterranean Investment and Partnership (FEMIP), the European Investment Banks (EIB) financial arm for the Mediterranean region, on 20 November signed a loan agreement for 50mn with the Syrian Ministry of Local Administration. The loan will cover half the total cost of a project to significantly upgrade municipal infrastructure across Syria. The EIB said that the proposed...
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