Egypt won $100 million loan fund - Saudi Arabia Egyptian power interconnection

( Industry news] Egypt won the million dollar loans to fund the Saudi electricity interconnect atltech P Egypt won the million dollar loans to fund the Saudi electricity interconnect official, Kuwait Arab economic development fund agreed to grant the Egyptian billion dollar loans to fund a $between Saudi Arabia and Egypt, mw power interconnection project. Electrical interconnection project will supply electricity for the two countries, will eventually connects the gulf countries to the European grid. Connect the medina in Saudi Arabia project plan to the new Cairo, Egypt's northwest corner tower booker way to Saudi Arabia. Cable in the project will need to Chris, laying of miles beneath the gulf of aqaba. For Saudi Arabia and Egypt, the electric power grid interconnection project is expected to help relieve pressure during peak usage, the afternoon in Saudi Arabia and Egypt's evening. Saudi Arabia and Egypt was originally in the monthly electricity interconnection project agreement. Plan distributed between the two countries of operation and maintenance of the power grid and the cost of the cable and responsibility. Pay % of the cost of the project in Egypt, and Saudi Arabia to assume the remaining %. ( Reprint please indicate the article source: British gloria Tony Caledonian cables) British gloria Tony ( Caledonian） Cable co. , LTD. , Shanghai office contact person: ms zou email penny @ caledoniancables. ComSkypepenny_ company website HTTP / / WWW. caledoniancable。 com（ Chinese) http / / www。 caledoniancables。 es（ Spanish) Facebook：https//www. facebook。 com/CaledonianCablesLtd/