The United Kingdom, the United States, Germany and Finland agreed to finance the necessary feasibility studies for launching projects in various states situated along the Nile River, reported Al-Hayat . The Egyptian Minister of Water Resources and Irrigation, Mahmoud Abu Zeid, said that the countries mentioned above agreed to provide $160 million to finance feasibility studies for a number of joint projects. The total costs of these studies are estimated at $220 million. The projects mainly deal with electricity, water, and fish resource development. — (menareport.com)
© 2002 Mena Report (www.menareport.com)