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Egypt contracts with Japan to construct Borg El Arab new airport

·         The Egyptian Company for Airports contracted today¡ Tuesday with Japan Airport Consultants ( JAC) and NAA Co.¡ for airports¡ to construct a new passenger terminal at Borg El Arab International Airport

·         Japan funds the new complex with a loan amounts for Y26.4 billion

·         A host of Egyptian and Japanese officials inked today the agreements of new terminal

·         The Japanese party committed to provide training and management services to the new terminal

·         It is worth to mention that the new facility is designed to serve four million passengers a year

·         It will be the first environment friendly airport in the Middle East

·         The Japanese loan will paid pack in 40 years with an interest rate of 0.01 %

                          (source: http://en.el-balad.com/2340778)