VOL. XLI
No. 12
23-March-1998
EGYPT
Egypt States Intention To Privatize Electricity Sector
Following its decision to corporatize the state-owned national telecom company Arento,the Egyptian parliament on 17 March agreed on a draft law to transform the stateelectricity company into a corporation in preparation for eventual privatization.According to the bill presented to parliament, the eight regional electrical distributioncompanies now linked to the state company will become part of the new...
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