Wednesday, April 7, 2010

Egypt bank seeks to generate funds for nuclear-power project

Egypt bank seeks to generate funds for nuclear-power project
National Bank of Egypt will hold discussions with the nation's Electricity and Energy Ministry officials to tackle plans to raise funding for the country's bid to construct four nuclear plants by 2025, according to a newspaper report. Egypt in March declared its plans to have the facilities online by 2025 as it seeks to curb its reliance on traditional energy sources. Reuters

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