IFC plans up to $2 bln investment in Egyptian infrastructure, power

April 9, 2015 2:56 PM

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DUBAI, April 9 (Reuters) - The World Bank's development arm plans to invest between $1.2 billion and $2 billion in Egypt over the next four years, including around the Suez Canal, its regional director told Reuters.

The International Finance Corporation is looking at ports and logistics projects, Mouayed Makhlouf, the IFC's director of Middle East and North Africa, said in an interview.

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