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800 million euros to establish infrastructure projects in Egypt
Egypt, Economics, 4/23/1999
A delegation of the European Investment Bank, which is currently visiting Cairo, announced the specification of 800 million euros for basic infrastructure projects in Egypt.
Furthermore, the delegation announced its desire to contribute to upgrade the Egyptian financial sector in cooperation with the European Union, especially banks and insurance companies, and to upgrade the services it presents. This was stated during a meeting held between Egyptian Minister of Economy Youssef Butros Ghali and the European bank's delegation yesterday.
The delegation expressed their desire to enhance Egyptian small industries by providing easy loans to provide the necessary capital to upgrade these corporations.
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