ANNOUNCEMENT 16 Mar 2015

On March 16th, 2015, the Japanese International Cooperation Agency (JICA) signed an ODA loan agreement with the Arab Republic of Egypt. 

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

エジプト・アラブ共和国向け円借款契約の調印
Signing an ODA loan agreement with the Arab Republic of Egypt
https://www.jica.go.jp/press/2014/20150316_01.html

Inception date: 16 Mar 2015 | Removal date: open ended
Still in force

Trade finance

On March 16th, 2015, a 5.854 billion yen ($48 million USD) loan agreement was signed with the Arab Republic of Egypt and the Japanese International Cooperation Agency (JICA) for the New Diret Weir Group Construction Project. This loan will be part of the Japanese International Cooperation Agency's STEP program which implies that the loan will go towards providing Egypt with Japanese irrigation technologies such as overflow double-leaf gates that enable high-precision water-level control. The loan will also go to the construction of regulators, the procurement of equipment related to water management systems as well as consulting services for management and construction.

Special Terms for Economic Partnership (STEP)
A stipulation in JICA ODA loan agreements is the utilization of advanced Japanese technologies and the employment of Japanese firms in overseas projects.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A