Egypt and global economy brief
Chinese Aluminum Group Eyes $2B Industrial Complex Investment In Egypt
✦Key takeaways
- A Chinese aluminum group is planning to invest up to $2 billion in Egypt to establish an integrated industrial complex in the Suez Canal Economic Zone, a project expected to create more than 3,000 jobs.Egyptian Deputy Prime Minister for Economic Affairs Hussein Issa discussed the investment plans and project details with a delegation from the group during a meeting at the government headquarters in New Alamein City on Thursday.An industrial complex built for local and export marketsAccording to Issa, the government
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