Middle East Economic Survey
VOL. LIV
No 1-2
3/10-Jan-2011
EGYPT
AFESD Lends Egypt $178Mn For Banha Power Station
The Arab Fund for Economic and Social Development (AFESD) signed a KD50mn ($177.75mn) loan agreement with Egypt on 9 December to help financethe construction of Banha power generating station. The project aims to help meet increasing demand for electricity in the country through the construction of a 750mw combined cycle power plant in the Delta Zone, and linking it to the...
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