Private finance nervous as protests engulf Egypt
- From: Vol 12, Issue 2 (February 2011)
- Category: General
- Region: Middle East
- Country: Egypt
- Related Companies: Bank of Alexandria, Banque du Caire, Banque Misr, Commercial International Bank (CIB), Degrémont (Suez), National Bank of Egypt and Veolia
The protests in Egypt brought business to a standstill. GWI’s Middle East editor Tom Scotney looks at the effects on the country’s water privatisation.
Water developers and financiers are waiting anxiously to see what will happen to Egypt’s ambitious privatisation programme after it ground to a halt during the protests that ousted president Hosni Mubarak.
The PPP Central Unit, the government body that is procuring Egypt’s string of sizeable BOTs, contacted its bidders directly to assure them that progress would continue as ...
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