Industry News

Egypt,Turkey to set up two joint ventures

Cairo, Egypt | July 02, 2007 by D-8 Secretariat

Egyptian businessmen and their Turkish counterparts agreed on setting up two investment projects in Egypt with investments of LE 1.880 billion.

The first project will be established in Upper Egypt with a view to  produce 125,000 tones of papers annually, with LE 130 million investment, the second project will be set up in Arish to make use of Sinai sands in producing glass.

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