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Elham AbolFateh

Business

European Investment Bank discusses funding infrastructure in Egypt

Monday 11/September/2017 - 07:47 PM
Sada El Balad
Ahmed Moamar
European Investment Bank (EIB) and the Ministry of Investment and International Cooperation will organize a news conference next Wednesday to celebrate inking three agreements to fund projects of the infrastructure in Egypt. 
Those projects include constructing a network of sewage and stations for treating the wastewater in Alexandria، Fayoum and Kafr El Sheikh Governorates.
Dr. Sahar Nasr، Minister of Investment and International Cooperation، Dr. Mustafa Madbouly، Minister of Housing and Vice-president of EIB.
The news conference will be held on the sidelines of the international forum named” Increasing Investment in the Mediterranean Sea Region”.
It is worth to mention that Egypt enjoy flourishing period of upgrading the infrastructure. Government seeks to funnel billions of pounds to fund projects of road، bridges and sewage. 

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