VOL. XL
No. 43
27-October-1997
EGYPT
EIB Lends $56Mn For Egyptian Road Scheme
The European Investment Bank (EIB) will lend ECU50mn ($55.7mn) to an Egyptian publicsector organization building a road from Alexandria along the Mediterranean coast to theSuez Canal towns of Port Said and Ismailia and the Sinai peninsula. In a statement, thebank said that the loan will go towards completing the last section of the project, whichincludes the construction of a ring-road round Alexandria and a bridge...
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