Last Update 22:27
Sunday, 13 October 2019

Japan to aid Egypt’s new electricity network

Japan International Cooperation Agency to support a number of key projects in Egypt's energy sector with $300 million disbursement and additional loans

Ahram Online, Monday 3 Dec 2012
Hydro towers in Egypt
Hydro towers in Egypt (Photo: Reuters_
Share/Bookmark
Views: 3523
Share/Bookmark
Views: 3523

The Japan International Cooperation Agency (JICA) has unveiled plans to disburse $300 million to the Egyptian ministry of electricity to support the creation of a new electricity network.

Egypt has been facing periodic fuel and diesel shortages for the past year, affecting electricity supplies nationwide.

The agency is also preparing to offer the Egyptian government a $100 million loan to promote sustainable energy projects. These include the development of low-voltage solar cells technology, according to JICA’s Cairo office chief representative, Hideki Matsunaga.

Matsunga assumed his position in Egypt in April 2012, with a mission for the agency to be part of nation-building efforts in the post-revolutionary context.  

Another loan of almost $50 million will be channeled to the Egyptian government to sponsor the renovation of the Dairut aqueduct station.

JICA’s plan is unexpected, as most of the agency’s projects and activities have been reduced, postponed or halted since the destructive earthquake that hit Japan last year.

The agency has been involved in several key projects in Egypt in recent years, including the construction of the Egypt-Japan University of Science and Technology (E-Just) and the Grand Egyptian Museum Conservation Centre Project (GEM).

Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
Latest

© 2010 Ahram Online.