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Tenders Report of the Country Projects

 

Country-Plan Projects and Tenders

43 مليون دولار قيمة الاستثمار لانشاء مشروع صناعي بشمال سيناء

Supreme Investment Committee at North Sinai Government licensing a $ 43 million project to produce silicon alloys.

 
Tuesday, September 14, 2004
Al-Akhbar
North Sinai
According to General Said Qotb, Secretary General of North Sinai Governorate, the Supreme Investment Committee (of the Governorate) under Chairmanship of Governor Mr. Ahmed Abdel Hamid, has licensed a $ 43 million project to produce silicon alloys. Project will benefit from huge glass & silica sand resources in the area. According to Mr. Qotb, the project would occupy 80,000 M2 land & generate 150 employment opportunities. [N.B. worth indicating is that media reports of 9/3/2004 (Asharq Al Awsat) indicated that a similar project is planned at Ismailiya Free Zone on 1,800,000 M2 land by a group of Egyptian & Italian investors under $ 120 million estimated investments].

Beneficiary Sectors
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Industry
      Metallic
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Mining
      Mining