Chinese Exim Bank

Chinese Exim Bank offer US$3bn to Egypt for its infrastructure development. Chinese Exim Bank is offering Egypt US$3bn for their new projects over the next couple of years. This will help grow Exim Bank brand in the nation as well as investing for the future. The fund will include a facilitated loan of US$1.2bn for the implementation of Egypt’s first electric train. With over US$1bn for the Hamrawein coal plant and the rest for several…