The Egyptian Electricity Transmission Company (EETC) and the Egyptian German Electrical Manufacturing Company (EGEMAC) have signed four contracts worth a total EGP 1.7 bn to develop electricity transmission networks across the country, according to local reports. The projects will see new transformers and adaptor connectors installed in the Delta, the Nile Valley, Fayoum and 10 of Ramadan City. The EETC will self-fund two of the contracts while the European Investment Bank and the Arab Fund for Economic and Social Development will finance the other two.