Int’l Coop. Minister – EBRD Offers € 921 Million to Finance 23 Projects

The board of directors of the European Bank for Reconstruction and Development (EBRD) is expected to approve Egypt during the coming year as fully operations’ state due to its growing investments in Egypt, International Cooperation Minister Naglaa el-Ahwani said on Wednesday 5112014.

In statements, el-Ahwani said that the EBRD would contribute, till the end of 2015, to financing 23 new projects, including contributing to facilitating trade exchange program run by the bank at a total value of euro 921 million, of which euro 670 million would be allocated for the private sector.


Source : Egypt State Information Service