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Canadian commercial trade arrives at Cairo
Egypt-Canada, Economics, 2/10/2000

Egyptian - Canadian commercial discussions started today in Cairo through the mission of the Arab - Canadian commercial council which is currently visiting Cairo until February 14 under the chairmanship of James Patakalf, head of the council.

The mission is to discuss investment in Egyptian projects based on the BOT (build - operate - transfer) system, topped by establishing an airport in Ras Sedr at a cost of $100 million. This will be done through one of the Canadian companies with an Egyptian alliance that is comprised of three companies ( Tabarak, the Commercial Markets for Established and Tourism Development).

The governmental Canadian International Development Agency (CIDA) will finance the airport project.

Previous Stories:
  Canadian economic delegation starts tour tomorrow in Cairo   (10/30/1999)
  Head of Egyptian investment organization visits Canada   (5/26/1999)
  Imports from Canada worth $320 million annually   (2/9/1999)

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