Middle East Economic Survey

VOL. LIII

No 29

19-Jul-2010

SUDAN

Egypt Awards $300Mn Development Grant To South Sudan

The Egyptian government has awarded a $300mn non-refundable grant to South Sudan to fund a number of development projects. Much of the funding will be directed to water and electricity initiatives, such as the construction of new river ports and the revamping of the autonomous regions water, irrigation and electricity networks. Also, $12mn will go towards the digging of new...