Word: aswan
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Dates: during 1970-1979
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...million package is the biggest project involving Americans to be started in Egypt since 1956, when John Foster Dulles, then Secretary of State, withdrew an offer of U.S. aid for the Aswan High Dam. Appropriately enough, it was arranged by an Egyptian-born Lebanese: reddish-haired, bespectacled Roger Tamraz, 34, a Harvard Business School graduate who heads Kidder, Peabody's Mideast office. He plucked the contract from a consortium of 16 European firms that had signed a preliminary agreement to build the pipeline in 1971. Says Tamraz: "It was straight out of the golden age of merchant banking, before...
...museum hopes that when the exhibit closes six months hence, 1.5 million people will have seen it. That would net about $1.3 million, most of it earmarked for a UNESCO fund to restore the temples on the island of Philae in Egypt, now submerged in the Nile by the Aswan High...
...Portuguese have discovered that they need help; that they can't do it alone. So now you have West German, French, British, American, and South African capital involved in building the Cabora Bassa dam. They have conceived Cabora Bassa as the largest hydroelectric dam in Africa, larger than the Aswan high dam in Egypt. And they plan to settle one million Europeans along the site of this dam. The European presence will not only create a second line of defense, but also create an emotional involvement to protect the million Europeans from the African nationalists. The dam itself will provide...
...Nicolae Ceausescu on the Rumanian-Yugoslav border, not far from where the two countries are jointly building a huge dam at the Danube's so-called Iron Gate rapids. On its completion next summer, the dam, which will be capable of producing more electricity than Egypt's Aswan, will power new industrial plants in the two countries...
...planning the distribution of energy from what will be the second largest power project in U.S. history. When completed, at least six huge coal-fired plants* will produce 14 million kilowatts of electricity-slightly less than the Tennessee Valley Authority and 41 times as much as Egypt's Aswan...