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Wednesday, 15 June 2016

Sohag receives five offers from Indian companies to build factories

The governorate of Sohag has received five offers from Indian companies to establish factories in various industries as part of an effort to create a major industrial area for Indian firms in the governorate, Sohag Governor Ayman Abdel Moneim said, Al Borsa reported on Tuesday. The health sector is a potential industry for Indian investment, be said, but centralisation in the region has proven to be an obstacle for proposing offers. Several meetings with Industry and Trade Minister Tarek Kabil will take place to review the offers, with negotiations expected to end in two months at the latest.

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