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Wednesday, 19 September 2018

IDA to issue iron plant licenses only to those moving up the value chain

The Industrial Development Authority (IDA) will issue new licenses for iron plants only if they can go up the value chain, Trade and Industry Ministry adviser Hussein El Garhy said. This would involve the production of more refined iron, such as sponge iron. He noted that the IDA has received around five requests for iron plant licenses in 1H2018.

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