Holland finances Egyptian projects on B.O.T system
Egypt-Netherlands, Economics, 4/30/1999

Many Dutch corporations decided to finance many Egyptian projects on the B.O.T (build-operate-transfer) system, the most prominent of which are establishing a wind-powered electricity station with an annual output of 300 megawatts as well as establishing a commercial harbor in the El-Ein El-Sokhna area on the Red Sea.

The Dutch side expressed its readiness to participate in establishing the new harbor in East Port Said and to get into new fields like establishing highways and airports, constructing the third stage of the Cairo subway or Alexandria's subway and developing Alexandria harbor.

The Netherlands contributes to 49 investment projects in Egypt, whose total capital is estimated at 4.9 billion pounds. Holland's contribution in these projects is estimated at 1.3 billion pounds.

Previous Stories:
  An exhibition for the Egyptian exports in the end of May   (4/29/1999)
  Search for petroleum near borders with Israel confined to Egyptian companies   (4/27/1999)
  Establishing an Egyptian - British holding company for investment   (4/23/1999)
  Dutch assembly for engineering industry in Alexandria worth 100 million   (4/14/1999)

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