Bankwatch Mail 56
Publisher: CEE Bankwatch Network
Volume: 7 pages, pdf
Description:
The Egyptian Refinery Company (ERC) project is a multi-stakeholder, classic public-private partnership (PPP). Located 40 kilometres from the centre of Cairo, it is currently one of the largest investments in Africa. The confirmed project financiers and partners include the European Investment Bank, the International Finance Corporation, the African Development Bank, the government’s Cairo Refinery Company (CORC), and the Egyptian General Petroleum Corporation..