Russia inks agreement to build nuclear power station in Egypt: Rosatom

Reuters News
Posted: Nov 19, 2015 9:19 AM

MOSCOW (Reuters) - Moscow and Cairo have signed an intergovernmental agreement to build a nuclear power station in Egypt, Sergei Novikov, a spokesman for Russia's state-owned nuclear firm Rosatom, told Reuters on Thursday.

The construction of the plant, Egypt's first, at Dabaa in the north of the country is expected to be finished by 2022. Rosatom has previously said the contract would entail Russia offering a loan to Egypt.

(Reporting by Svetlana Burmistrova; writing by Polina Devitt; editing by Jack Stubbs)