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Egypt - China Invests Billions in Suez

sharon sanders

Editor-in-Chief & President
machine translation -

Billion in new Chinese investments in the Gulf of Suez
Thursday, January 12, 2012 - 14:00

During a meeting with the delegation of conservative Chinese company
Suez - Mohamed Raafat Kamal and Edward

And approved by the Governor of Suez, Major General Mohamed Abdel Moneim Hashem on the implementation of new investment from China in the North West Gulf of Suez subsidiary of TEDA with a total of billion dollars, following a meeting which gathered the governor's delegation Company Teda of China. The Hashim serious company TEDA and its commitment to the implementation of projects and the further development and investment to maintain, and its commitment to appoint 98% of the employees of the sons of Suez, stressing the existence of the right climate for investment, ports and roads, which help to increase investment opportunities in Suez. He noted the Roy just, deputy director of the company that the company is working industries, textile and petroleum with a total of $ 360 million, in addition to projects the new investments amount to one billion dollars and employs currently 800 workers Souissi, also called an official company to allocate new land area of 10 kilometers of new projects which will be held in the region.

more...

http://www3.youm7.com/News.asp?NewsID=576250&SecID=296&IssueID=168
 
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