Agreement for an underwater power line between Egypt and Cyprus
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Rédaction Ecomnews Med
Friday 31 May 2019 Last update on Friday, May 31, 2019 At 10:09 AM

Egypt signed an agreement on Thursday with a company based in Cyprus to install a 310-kilometer submarine cable between the two countries to export electricity to Europe, said the company in charge of the project, EuroAfrica Interconnector. This agreement, worth €2 billion, was described as "historic" by the Chairman of the EuroAfrica Interconnector Strategic Council and former Cypriot Foreign Minister, Ioannis Kasoulides.

#Business #Communities #DecisionMakers #DirectBroadcasting #Economy #Employment #EmploymentAmpAmpTraining #EntreprisesLife #MediterraneanExchanges #News #Politics #Trending #EGYPT

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