US EditionDDC Alliance receives Chinese loan to help finance high-speed train between Port Said and Abu Qir - Egypt Independent
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DDC Alliance receives Chinese loan to help finance high-speed train between Port Said and Abu Qir - Egypt Independent
The DDC Alliance, which includes the EL-DIDI Group, Gama Construction, and Concord, has successfully secured guarantees for a three billion dollar loan from several Chinese banks to finance the implementation of the high-speed train project, which connects the ports of West Port Said to Abu Qir, a length of 250 kilometers. The group’s legal advisor, Emad al-Hefnawy, revealed that the alliance is currently negotiating with the Transport Ministry …
·Cairo, Egypt
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