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Country-Plan Projects and Tenders |
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6991 Subject |
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. |
| Date Published | Tuesday, September 14, 2004 |
| Source Name | Al-Akhbar |
| Location Name | North Sinai |
| Description | 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]. |
| Sectors Section |
Beneficiary Sectors - Industry Metallic - Mining Mining |