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FINANCIAL NEWS
Egyptian banks allot EGP170bn to develop infrastructure in Cairo, Giza
28 May 2017
(MENAFN) The Fed of Egyptian Banks inked a co-op protocol with the Department of Military Works of the Armed Forces Engineering Authority and the governorates of Cairo and Giza.
Furthermore, the deal was signed in order to develop infrastructure and enhance human development in Helwan, Badrashin and Manishiet Al Qanater.
Additionally, the new co-op protocol with Cairo involves the provision of EGP100mn to pave and develop some vital roads in the unplanned areas in Helwan.
Meanwhile, the FEB inked a co-op protocol with Giza governorate at EGP70mn to enhance the water and wastewater pipelines in some areas in Badrashin and Manshiet El Qanater.
MENAFN2805201700450000ID1095515787
MENAFN2805201700450000ID1095515787
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