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Egypt - Second Textiles Project (Английский)

The reasons for cancellation of the Second Textile Project of Egypt was the Bank felt that the National Spinning and Weaving Company (NSWC) was not in a position, then or in the foreseeable future, to undertake the modernization and expansion components of the Project as appraised. The following lessons can be learned from the project: (a) To ensure the successful restructuring of a public enterprise, commitment to reform needs to be widely shared...
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