Middle East Economic Survey

VOL. XLVII

No 34

23-August-2004

EGYPT

First Private Sector Licenses Granted For Egyptian Power Generation/Distribution Projects

The Egyptian government has for the first time granted licenses for private sector firms to invest in the countrys power generation and distribution sector, in line with its investment incentive policy. The companies, on payment of rent, will be able to use the state grid to distribute power. Six companies, including Electricite de France (EdF)...