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Egypt: Airports Development Project [Additional Financing]

April 24, 2008

IBRD Loan: US$40 million
TERMS: Maturity = 30 years Grace = 5 years
PROJECT DESCRIPTION: The project aims to increase performance at the Cairo International airport and the Sharm El Sheikh airport and promote public-private development of such airports. There have been no changes to the original objectives, design, or scope. The additional financing will enable the completion of the project and contribute to the achievement of the above objectives.

Media Contacts
Dina El Naggar
Tel : (202) 473-3245