Project proposals: Egypt
114. The Executive Committee decided to give UNIDO permission to proceed on the following projects pending the revision of capital and operational costs and their re-submission to the Thirteenth Executive Committee meeting:
- Investment project for phasing out ODS, Delta Industrial Co.
- Investment project for phasing out CFCs, Electrostar Refrigeration Co.
- Investment project for phasing out ODS, Kiriazi Refrigerators Manufacturing Co.
A one time request for operational costs should be submitted for consideration by the Executive Committee.
128. UNIDO would continue working with those countries [Egypt, India and Jordan] in accordance with the following:
(a) the cost should be brought down to a reasonable and agreeable level;
(b) cost reduction should not adversely affect the integrity of projects, particularly the safety aspects involved.
Following which, UNIDO could request the Executive Committee for an out‑of‑session approval of the projects so that momentum was not lost.