Islamic Development Bank (IsDB) has approved $403 million infrastructure projects in its member countries such as Egypt, Kyrgyzstan and Tajikistan. Of this, the biggest is the $345 million IsDB funding for the Electric Express Train Project in Egypt.
CAIRO: The Islamic Development Bank on Saturday approved $403 million for different projects in member countries, the bank said in a statement. A big chunk of the funds $344.5 million has been approved for the first phase of Egypt’s electric express train project. The 660-km railway project will connect the Egyptian port cities of Ain Sokhna on the Red Sea to Marsa Matrouh
Islamic Development Bank (IsDB) has approved $403 million infrastructure projects in its member countries such as Egypt, Kyrgyzstan and Tajikistan. Of this, the biggest is the $345 million IsDB funding for the Electric Express Train Project in Egypt.
Islamic Development Bank (IsDB) has approved $403 million infrastructure projects in its member countries such as Egypt, Kyrgyzstan and Tajikistan. Of this, the largest funding of $345 million is for the Electric Express Train Project in Egypt.