VOL. XLVI

No 26

30-June-2003

EGYPT

AID

Egypt Secures $66Mn Loan From Japan

The Japanese Ambassador to Egypt, Kazuyoshi Urabe, and the Egyptian Minister of State for Foreign Affairs Fayizah Abu al-Naja on 18 June signed letters of intent on a Japanese loan to Egypt worth $66mn. The loan will help to finance the power linkage project in Sidi Kerir, Alexandria, expanding the electricity network in the north of the country, and follows the recent visit by the Japanese prime minister Junichiro Koizumito...