European Bank for Reconstruction and Development (EBRD) approved a loan of $300 million for the establishment of a water desalination plant in Ain Sokhna – Egypt ⊠Mamish added that the new contract with EBRD is a result of his last visits to Germany and the U.K.âThe loan will be allocated for the projectâs feasibility study, the environmental studies and the implementation of the new plant,â Mamish revealed. According to Mamish, EBRDâs directors appreciated the SCZone, placing it among its priorities during the coming period. An alliance of five shipping lines that earlier this year had ceased East Port Said operations in protest of a hike in fees have agreed to return to the port, Mamish said. The SCZoneâs head went to Germany for talks [âŠ] European Bank for Reconstruction and Development (EBRD) approved a loan of $300 million for the establishment of a water desalination plant in Ain Sokhna – EgyptDME GmbH2017-12-05T18:07:38+01:00