Japan commits $243M fund to Egypt’s electricity distribution sector

Egypt, Cairo: Three Egyptian electricity companies have secured $243 million fund from Japan, International Cooperation Minister Najla Ahwani revealed in an official statement, according to Egyptian media.

 


Egypt, Cairo: Three Egyptian electricity companies have secured $243 million fund from Japan, International Cooperation Minister Najla Ahwani revealed in an official statement, according to Egyptian media.

The aim of the fund is enhancing the capacity of electricity distribution in Egypt, which is in a desperate need of more power.

Source: Aswat Masriya