ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
International relations

South Korea inks deal to lend Egypt $1bn for infrastructure

With Moon in Cairo, leaders also discuss sale of self-propelled howitzers

South Korean President Moon Jae-in, left, meets with Egyptian counterpart Abdel Fattah el-Sisi in Cairo on Jan. 20.   © Egyptian presidency via Reuters
KIM JAEWON, Nikkei staff writer | Middle East

SEOUL -- Seoul has signed a deal to lend Egypt up to $1 billion for infrastructure development, paving the way for South Korean companies to join railway, subway and marine desalination projects in the African nation.

Read Next

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more

By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our Cookie Policy to learn how you can update your cookie settings.

Accept & Continue Close