Kuwait invests in Egypt’s railway sector

Planning and International Cooperation Minister Fayza Abul Naga signed a letter of understanding with the Kuwait Fund for Arab Economic Development to receive two technical assistances worth USD 2.16 Million (EUR 1.7 Million).

Funds will be used for financing two feasibility studies in the railway sector, one for the power supply of railways in Tanta, Mansoura and Damietta and another project to duplicate the railways between Mansoura and Damietta.

Source:  allafrica.com

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