Monday, August 4, 2014

Fwd: EBRD supports urban development in Egypt



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From: European Bank for Reconstruction and Development <EBRD@public.govdelivery.com>
Date: Mon, Aug 4, 2014 at 6:04 AM
Subject: EBRD supports urban development in Egypt
To: iammejtm@gmail.com


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04-08-2014 12:00 AM BST

The European Bank for Reconstruction and Development (EBRD) is providing a loan of US$ 60 million to support a benchmark project in 6th of October City, a satellite city in the wider Cairo area. The Bank's loan will be complemented by a US$ 60 million loan from the International Finance Corporation (IFC) and an additional US$ 20 million loan from local Egyptian banks.

 

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