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Chinese $700 million deal to develop Abu Qir's railways
Eman El Sherbiny Published in Albawaba on 27 - 08 - 2015

Egypt's Ministry of Transportation received a deal offer from the Chinese Railway Engineering Corporation worth $700 million to develop Abu Qir's railways, Alexandria, Al-Bawaba News reported Thursday.
An official revealed that the Chinese Bank Exim will be loaning the ministry, to be repaid in a period of 20 years, with terms of leniency.

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