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Egypt - El-Dikheila Reinforcing Bar Project (English)

This is an impact evaluation for the El-Dikheila Reinforcing Bar Project in Egypt for which the Board approved US$165.3 million in May 1983. The loan was closed at the end of 1988 after an extension of one year. The project appears to have also had an important impact, as a role model, on the Egyptian industrial sector in recent years. After incorporation of Alexandria National Iron and Steel Company El Dikheila (ANSDK), a number of other entities were created under Law 43/74 and its successor Law 230/89, in which the Government or publicly owned enterprises held the majority of shares, with a minority foreign partner. But these laws were not the right vehicle for the restructuring of the existing public sector enterprises because the main objective of these legislations was to attract foreign investment in to Egypt. With the promulgation of Law 203/91 which provides a framework for the reorganization of the public enterprise sector into holding and affiliated companies, some 314 enterprises valued at around LE 70 billion, with a total labor force of about 1.1 million have been earmarked for restructuring and privatization. The environmental impact has been well managed. In the course of iron and steel making, considerable quantities of dust, fumes, noxious gases and waste water effluents are generated.


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    IEG Evaluation

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  • Country

    Egypt, Arab Republic of

  • Region

    Middle East and North Africa,

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  • Doc Name

    Egypt - El-Dikheila Reinforcing Bar Project

  • Keywords

    profit and loss account;access to foreign exchange;access to technical assistance;cross currency exchange rates;cubic meter of water;reinforcing bars;total energy consumption;human resource development;Public Sector Enterprises;dollar exchange rate;joint venture partner;construction and operation;joint venture company;degree of autonomy;hard budget constraint;provisions of law;natural gas resource;quality of effluent;quality control system;conduct of business;public enterprise sector;public sector law;total labor force;human resource quality;carbon monoxide emission;delegation of responsibility;cooperation and assistance;wages and salary;fuel oil price;prevailing exchange rate;foreign exchange revenue;underground water resource;water quality analysis;purchase of service;majority of share;capacity utilization rate;environmental pollution control;private sector share;rolling mill;raw material;construction industry;diagnostic study;export price;iron ore;steel plant;steel mill;product quality;work force;foreign partner;annual production;Waste Material;domestic sale;production level;steel sector;domestic demand;productivity gain;noxious gases;financial problem;exhaust gas;export market;rod mill;industrialized country;consulting engineer;labor productivity;government ownership;Industrialized countries;audit rate;bag filters;industrial sector;dust content;train service;risk analysis;exchange loss;shareholding structure;cost structure;equilibrium price;sponge iron;waste water;blast furnace;sustainable operation;competitive environment;financing package;industrial safety;foreign consultant;incentive system;sewage water;management policy;water pollutant;mitigation measure;cost control;net profit;environmental problem;finished product;test case;procurement work;productive years;Management Systems;water consumption;wet scrubber;price level;currency exposure;Job Grades;exchange risk;wire rods;private ownership;privatization drive;currency risk;price competitiveness;important change;input cost;domestic price;capital increase;private shareholder;conversion rate;price decontrol;front end;domestic input;project costing;work order;sulphur dioxide;corporate culture;technological activity;independent measurement;preventative maintenance;manufacturing costs;dust emission;domestic production;nitrogen oxide;water pollution;domestic requirement;land cost;industrial country;geographical area;cost advantage;pollution standard;price series;joint mission;form 590;suspended solid;gas field;total alkalinity;management responsibility;International Trade;international standard;environmental performance;productivity ratio;treatment plant;interest issue;efficient operation;technological improvement;financial crisis;overseas training;affiliate company;financial risk;financial viability;financial relief;financial engineering;currency swap;prospective partner;debt service;workshop facility;corporate structure;generating plant;local producer;banking system;secure supply;auxiliary facility;management philosophy;proprietary technology;operational efficiency;export activity;production incentive;technological advancement;financial package;management style;management agreement;market fluctuation;financially viability;privatization effort;price control;construction supervision;construction drawing;local market;improved feed;engineering service;industrial enterprise;production management;Labor Market;import price;management capability;mining operation;work ethic;middle management;project's impact;production cost;conversion ratio;indigenous management;environmental pollutant;environmental hazard;



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Egypt - El-Dikheila Reinforcing Bar Project (English). Impact Evaluation Report Washington, D.C. : World Bank Group.