ZAWYA - FEB. 18, 2015
By Ahmed Fayez
The agreement stipulates that Chinese government shall grant Egypt a
non-refundable grant 150 million yuan or around US$24.3 million to fund
Egyptian developmental projects. In return, the agreement would
contribute to bolstering the friendship bonds and economic as well as
technical cooperation between the two countries.
Elsewhere, the cabinet approved to task Isozaki, Aoki & Associates
with carrying out the second phase of the consulting works to design the
engineering structure and the buildings of Egypt - Japan University of
Science and Technology at total cost of US$2.875 million.