Chinese Aid Project Egypt's Red Sea Port Authority has identified the construction of the Safaga Port multipurpose terminals as part of Egypt's ""Golden Triangle Development Project""."

Funder	Pipeline: Pledge
Recipient Organization	China Road & Bridge Corporation (CRBC)
Country	Mixed
Start Date	Oct 01, 2017
End Date	Jun 05, 2027
Duration	3,534 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`Egypt's Red Sea Port Authority has identified the construction of the Safaga Port multipurpose terminals as part of Egypt's ""Golden Triangle Development Project""."`

Grant Description

While CRBC signed an MoU in 2017 and released a press statement in 2019, committing itself to the construction of the Safaga Port multi purpose terminal, no contract has been agreed as of April 17th, 2020, between CRBC and the Egyptian Ministry of Transportation.

📋 Staff Comments

1/1/2017 Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.