//Egypt’s Sisi issues presidential decree approving loan to build 4 desalination plants in South Sinai

Egypt’s Sisi issues presidential decree approving loan to build 4 desalination plants in South Sinai

President Abdel-Fattah El-Sisi has issued decree no. 83 of 2019 approving a loan agreement between the Egyptian government and the Kuwaiti Fund for Arab Economic Development.to build four sea water desalination stations in South Sinai.
The 15-million-dinar agreement was signed in Sharm el Sheikh on 8 December, 2018.
The decree was published in the official Gazette on Thursday.
The Kuwait Fund has supported 52 projects in Egypt with $3.46 billion since inception.