Middle East Economic Survey
VOL. LII
No 9
2-Mar-2009
EGYPT
World Bank And ADB To Sign $1.05Bn Loan Agreements For 'Ain Sukhna Power Plant
The Egyptian Minister of Electricity and Energy Hasan Yunis said on 22 February that the World Bank and the African Development Bank (ADB) would sign agreements in early March for soft loans to Egypt worth $1.05bn, to finance the construction of the 1.3gw 'Ain Sukhna power station in the Gulf of Suez. The World Bank says that it approved a $600mn loan for the...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!