ADB Assigns Huge Finances To Pump Its Investments In Egypt: Minister

Cairo – (Masaader News)

Egypt seeks to obtain loans of $15 billion from the Asian Development Bank (ADB), allocated to renovate the country’s infrastructure, according to the Egyptian minister of investment and international cooperation.

“The ADB has assigned huge finances to pump it investments in energy, rural development, and logistics” .Sahar Nasr siad during the Belt and Road forum which comes as part of the Chinese Silk Road initiative .

Egypt is closely working to strengthen economic cooperation with its global partners, in order to unleash the country’s unlimited potentials, Nasr added.

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