South Korea's Doosan to execute 4 projects across Egypt - Minister

 

Cairo – Mubasher: Egypt's minister of international cooperation Sahar Nasr and the CEO of South Korea's Doosan Heavy Industries & Construction discussed the steps needed to begin the implementation of wastewater treatment projects in four Egyptian governorates.

A statement by the Ministry of International Cooperation revealed that the four governorates were: Qalubiya, Sharqiyah, Menoufiya and Daqahlia.

Sahar Nasr further discussed projects with the Export–Import Bank of Korea (KEXIM) to implement several memorandums of understanding (MoUs) signed during the presidential visit and which amount to $3 billion (EGP 26.63 billion), according to the statement.

In March, the Egyptian minister signed 5 agreements and MoUs with South Korea on the sidelines of the President's visit to the Asian country. 

Mubasher Contribution Time: 07-May-2016 11:17 (GMT)
Mubasher Last Update Time: 07-May-2016 11:18 (GMT)