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China investing 650 million in Egypt fiberglass plant after President's trip to Beijing

sharon sanders

Editor-in-Chief & President
machine translation


Minister of Investment: Chinese investments worth $ 650 million for the production of fiberglass in Egypt
ASHA
19-11-2012 | 19:03 3 339

Osama Saleh, Minister of Investment
Said Osama Saleh, Minister of Investment that a Chinese company will start producing crude "fiberglass" for the first time in Egypt from October to 2013 next. pointed out that the plant, which was held in the North West Suez investments amounting to $ 650 million will be running nearly 1,500 Egyptian worker, adding that the company has already trained about 500 workers in China before the start of work at the factory.

Salih stressed that this plant from the fruits of the successful visit of President Mohamed Morsi to Beijing and will be followed by the launch of this plant other projects with investments of Chinese. explained that this plant will attract Many industrial projects based on raw fiberglass especially car feeding industries

http://gate.ahram.org.eg/NewsConten...ثمار-استثمارات-صينية-بقيمة--مليون-دولار-.aspx
 
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