Egypt to seize new tranche from World Bank’s $550mn sewage loan before next June

Egypt will attain a new tranche worth $100 million out of the World Bank’s $550 million loan to execute a sewage station in 3 governorates before June 2018, First Deputy Housing Minister Randa El Menshawy said Wednesday.

“These governorates are Beheira, Dakahlia, and Sharqia,” El Menshawy further stated, adding that the Ministry of Housing has so far obtained $137 million out of the World Bank’s total loan.