Middle East Economic Survey

VOL. XLVIII

No 52

26-December-2005

PALESTINE

EIB Makes 45Mn Loan For Palestinian Electricity Supply

The European Investment Bank (EIB) announced on 13 December that it will lend 45mn ($54.2mn), under its Facility for Euro-Mediterranean Investment and Partnership (FEMIP), to the Palestinian National Authority (PA) for an upgrade of electricity supplies. The project is part of a 99mn ($119.3mn) program for the rehabilitation and upgrading of the electricity transmission...