VOL. XXXIX

No. 34

20-May-1996

EGYPT

Egypt Plans To Privatize 40% Of Electricity Companies

Egypt is planning to embark in 1997 on a partial privatization program of the country's electricity companies, according to Dr. 'Atif Muhammad 'Ubaid, Minister of the Public Sector and Minister of State for Administrative Development and for the Environment. Speaking on 9 May at a meeting of the General Assembly of the state's Holding Company for Electric Power Installations and Distribution, Dr....