Egypt’s portfolio in the Asian Infrastructure Investment Bank (AIIB) has surpassed $1 billion, according to the bank’s Vice President, Konstantin Limitovskiy.
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The AIIB’s cooperation projects with Cairo exist in various sectors, including energy, rural development, water sanitation, and overcoming the effects of the COVID-19 pandemic.
Limitovskiy remarked that the bank is collaborating with multi-development banks to endorse transportation projects in Alexandria.
