The amendments are necessary before Egypt and Russia lay the foundation of the first nuclear power station at El-Dabaa

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El-Wakeel explained that the aforementioned authority will be affiliated with the Ministry of Electricity and will be mainly tasked with proposing the construction of nuclear power stations for the purpose of electricity generation in Egypt as well as establishing desalination projects. “This authority will also take charge of conducting studies and research on nuclear stations in Egypt, and drafting the specifications of these stations,” said El-Wakeel, adding: “The amendments will also pave the way for the authority to sign contracts with the private sector in Egypt and outside Egypt in the area of building nuclear power stations.” According to the amendments, the board of the abovementioned authority will comprise 10 members to be named by the minister of electricity and ratified by the president. The laws will give the authority the prerogative to sign contracts with local and foreign entities, so long as such agreements do not harm national security. The amendments also state that “all equipment, tools, cars, spare parts and materials to be imported by the authority will be exempted from any custom duties, and all companies and institutions contracted by the authority will be also granted the same exemptions.” They also stipulate the authority’s loans and credit facilities borrowed from foreign sources to build nuclear power projects in Egypt are to be exempted from all taxes, and that contractors and sub-contractors employed by the authority to build its projects will be granted the same exemptions. MPs will also discuss a new government-drafted law aimed at the creation of an “Executive Authority for the Supervision of Nuclear Stations for Electricity Generation.” “The authority, which will be affiliated with the Ministry of Electricity, and will be located in Cairo with possible branches inside or outside Egypt, will be responsible for the technical supervision of nuclear stations designed to generate electricity,” the draft law said.

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