• 14:30
  • Thursday ,04 August 2016
العربية

Egypt talks with EBRD to finance Abu Rawash waste water treatment project

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14:08

Thursday ,04 August 2016

Egypt talks with EBRD to finance Abu Rawash waste water treatment project
Egyptian Minister of International Cooperation Sahr Nasr and Minister of Housing Mostfafa Madbouly has met Wednesday evening with director of Cairo Bureau of European Bank for Reconstruction and Development (EBRD) Philip Tirrot to discuss financing a project of waste water treatment in Abu Rawash city, 8 km to the North of Giza, according to a statement from the Ministry of International Cooperation Thursday.
 
Financing the project came among the bank’s new strategy in Egypt as it will provide 1,500 job opportunities over the coming five years over which the project will be implemented, the statement added.  The EBRD’s investments in Egypt are estimated at 1.7 billion Euros.