Middle East Economic Survey
VOL. LIII
No 44
1-Nov-2010
EGYPT
EIB Grants 560Mn Support Package For Egypts Electricity Sector
The European Investment Bank (EIB) signed two finance agreements for the Giza North Power Plant and Egyptian Power Transmission Project on 25 October, providing a 560mn support package for priority electricity generation and transmission investment in Egypt. The EIB also signed a 20mn European Union grant funding under the Neighborhood Investment Facility (NIF). This...
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