25 August 2019 01:48 PM

PM witnesses signing of $300 mn agreement with AIIB

Monday، 10 December 2018 - 02:38 PM

Prime Minister Mostafa Madbouli attended on Sunday 9/12/2018 the signing ceremony of an agreement between the Investment and International Cooperation Ministry and the Asian Infrastructure Investment Bank (AIIB).

The 300-million-dollar deal was inked by Investment and International Cooperation Minister Sahar Nasr and AIIB President Jin Liqun on the sidelines of the Africa 2018 Forum in Sharm el Sheikh city.

The agreement comes as part of the Sustainable Rural Sanitation Services Program funded by the World Bank, Nasr said, adding that the targeted governorates are Daqahlia, Sharqia, Damietta, Gharbia and Menoufia.

The project aims at improving the operation systems of drinking water and sanitation companies in these governorates, she noted.

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