A final deal on the construction of Egypt's first nuclear power plant will be singed in the third week of January, Egypt's Electricity Minister Mohamed Shaker told MENA on Monday.

The two countries struck a deal on November 19 on inter-governmental cooperation to build the nuclear power plant in Dabaa on the Mediterranean coast.

The minister said that no details would be revealed before the official signing.

Negotiations are underway and the parties concerned agreed not to announce any details, he added.

Shaker lauded the Russian offer in terms of finance.

He said that the plant was designed with the highest degree of safety and will operate automatically.

Source: MENA