Sunday 22 April 2018
Contact US    |    Archive
dailystar lb
1 months ago

China to finance majority of Egypt’s new tower district

Chinese banks will provide 85 percent of the funding needed for the $3 billion skyscraper-studded portion of Egypt’s new capital, which is being developed by the China State Construction Engineering Corp., a senior official with the state-run company said Sunday. Egypt’s Housing Ministry is responsible for the remaining 15 percent of costs not covered by the Chinese banks, Zhao Qiang, CSCEC Egypt’s deputy general manager, said in an interview with Bloomberg.

Read on the original site


هذه الصفحة هي مجرد قاریء تلقائي للأخبار باستخدام خدمة الـ RSS و بأن نشر هذه الأخبار هنا لاتعني تأییدها علی الإطلاق.

Wisdom of youth

- dailystar lb
Hashtags:   

China

 | 

finance

 | 

majority

 | 

Egypt

 | 

new

 | 

tower

 | 

district

 | 
Most Popular (6 hours)

Most Popular (24 hours)

Most Popular (a week)

Categories - Countries
All News
Lebanon