Sokhna

  • EBRD Offered to Fund SUMED Project

    EBRD Offered to Fund SUMED Project

    Monday, 15th August 2016
    The European Bank for Reconstruction and Development (EBRD) has offered to fund the Arab Petroleum Pipelines Co. (SUMED) with $100m, based on a 10-year time-frame, to build a pier and petroleum products trading center in Ain Sokhna.