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Egypt attracts 13 billion dollars under the umbrella of Chinese initiatives

Media In – Saleh Ali 23 June 2018
Egypt has attracted 13 billion dollars to finance projects under the umbrella of China’s initiatives (Belt and Road) and ASEAN (2025).
A recent HSBC report found that most of these projects are based on investments in the transport and energy sectors.
The report said the road and road initiative would have a positive impact on trade growth by 45 percent.

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