Enes
Moscow
Go to mobile

LATEST NEWS

23:23 24-04-2018
Housing prices in the UK rose sharply due to foreign investors
22:35 24-04-2018
Foreign buyers return to the real estate market in Italy
21:48 24-04-2018
Russia and China will jointly develop international transport corridors
21:27 24-04-2018
Swedish Bonava takes on the embankment development in St. Petersburg
20:55 24-04-2018
New Immochan malls will be opened in several cities of Russia
20:10 24-04-2018
Chinese Sinoma Group to take part in cement plant construction in Russia
19:44 24-04-2018
Gazprom is ready to build Nord Stream 3 — “Russia can afford it,” experts say
23:24 23-04-2018
Austrian Voestalpine will build the first fully automated steelworks
22:47 23-04-2018
Russia starts construction of 2nd launch pad at Vostochny spaceport
22:03 23-04-2018
March offer of secondary housing in USA attained its minimum since 1999
21:10 23-04-2018
Gazprom will build a giant gas chemical complex for $20 billion
20:36 23-04-2018
A 325-meter bridge will connect Russia and Azerbaijan
19:50 23-04-2018
Two-storey building on Tverskaya Street will be put up for auction
19:23 23-04-2018
Subsidiary of Finnish YIT will build a hotel in St. Petersburg
23:33 20-04-2018
Minister reveals a new strategy for housing construction in Russia
22:47 20-04-2018
High-tech waste recycling plant to be built in the Moscow region
22:18 20-04-2018
Russia’s first 5-star Marriott Modern hotel opens in Voronezh
21:55 20-04-2018
20% stake in oldest plant producing aluminum goods is put up for auction
21:29 20-04-2018
Five plants for wood waste processing to be built by Chinese in Russia
21:02 20-04-2018
Truck traffic movement along the Crimean bridge to be launched in October
20:31 20-04-2018
Syrians ask Russian companies to build housing in Damascus and Aleppo
23:37 19-04-2018
Austrians may create a “Smart City” in the Crimea
23:05 19-04-2018
Pushkin Museum seeks contractor for reconstruction of a manor house
22:34 19-04-2018
Lithuania’s first Marriott hotel to be built on the site of an old stadium
21:50 19-04-2018
Foreigners rent elite cottages in Moscow region for 2018 World Cup
21:22 19-04-2018
Sports complex with a 3D facade will be built in Moscow
20:15 19-04-2018
Dutch architect Winy Maas to talk about modern housing at Kaliningrad forum
19:48 19-04-2018
Czechs and Americans bought out all offices in Metropolis complex in Moscow
23:09 18-04-2018
Investments in China’s real estate soar, hitting a three-year high
22:11 18-04-2018
Experts name the cheapest resort destinations in Europe
All news

ARCHIVE NEWS

«    April 2018    »
MonTueWedThuFriSatSun
 1
2345678
9101112131415
16171819202122
23242526272829
30 

Vast preferential credit offered by Russia to Egypt

logo russianconstruction.com
Vast preferential credit offered by Russia to Egypt

Russia is giving Egypt an export loan of $25 bln over 13 years, with a rate of 3% per annum, for the construction of the first NNP in the country.


The Egyptian press reported about this, referring to sources close to the negotiations. According to them, the Russian loan will be used for the financing of 85% of all work on the construction site of the four generating units of 1200 MW each. The remaining 15% of the NPP’s cost will be financed by the state budget of Egypt. The Arab republic will repay the money over 22 years.

The first repayment is designated for October 15th, 2029.

To remind you, the intergovernmental agreement on cooperation on the construction and exploitation of the first Egyptian NPP, using Russian technology, was signed in Cairo on November 19th. It was then that the parties signed the agreement on the loan to Egypt for this project.

Related publications

PARTNERS

UP