Middle East Economic Survey
VOL. XLVIII
No 12
21-March-2005
EGYPT
Egypt Targets $20Bn Investment In Energy Sector During Next Five Years, Says Fahmy
Egypt is aiming to secure investments for its energy sector totaling $20bn during the next five years, according to Petroleum Minister Sameh Fahmy. Speaking to the Cairo daily al-Ahram of 14 March Mr Fahmy said that Egypt was launching a plan to attract $16bn in direct foreign investment for the sector during this time, of which $4.5bn would go to...
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