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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

S. Korea Invests $2.2 Billion in New Egypt Nuclear Plant

Participants are seen at the stand of Russian state nuclear agency Rosatom during the International military-technical forum "Army-2021" at Patriot Congress and Exhibition Centre in Moscow Region, Russia August 23, 2021. REUTERS/Maxim Shemetov/File Photo

South Korea signed a $2.2 billion deal with Russia’s state-owned Rosatom to provide buildings and components for a new Egyptian nuclear plant.

S. Korea Hydro & Nuclear Power Co. won a contract to supply buildings, equipment and materials for Egypt’s El Dabaa project, according to a statement from South Korea’s energy ministry, Bloomberg reported.

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