News
10 November 2020

China construction group seals $2.2bn Sinosure-backed Egypt loan deal

Region:
Asia-Pacific, Middle East & Africa

China State Construction Engineering Corporation has agreed a $2.2 billion loan to finance its work on the central business district in Egypt’s New Administrative Capital. The lending consortium, led by HSBC Egypt, agreed to a 13.5-year facility covered by China Export and Credit...

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