EGYPT: A Yes for Aswan Dam

The mighty Nile, which brings the rains of equatorial Africa to the Mediterranean, has nurtured six millenniums of civilization in its valley and broad delta. But its trapped waters are not sufficient today to sustain the leaping population of modern Egypt. One of the most publicized projects of Premier Gamal Nasser's revolutionary government is the building of a vast water barrier at Aswan (where the Nile courses through the eastern Sahara), which will bring another 2,000,000 acres of Egypt into production, boost Egypt's power resources 10 billion kilowatt-hours. Estimated cost of Nasser's high dam: $1.5 billion.

Even in international financing...

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