Middle East Economic Survey
VOL. XLIX
No 9
27-February-2006
EGYPT
World Bank Provides $260Mn Loan For El-Tebbin 700MW Power Station
The World Bank (WB) on 16 February announced a loan of $260mn to Egypt for the construction of the El-Tebbin power plant. The International Bank for Reconstruction and Development (IBRD), an arm of the WB, will provide finance in the form of a Fixed Spread Loan with a 20-year maturity, including a five-year grace period. The plant will generate 700mw and consist of...
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!