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Wednesday, 17 October 2018

Alfa Masr to build EGP 50 mn paints factory in Sadat City

Alfa Masr for Coatings is looking to build an EGP 50 mn paint factory in Sadat City, CEO Osama El Zanaty said. The plant will be operational by the end of 2019. The company will seek financing under the central bank’s SME financing program, which provides subsidized funds to banks to lend on to small and medium-sized businesses.

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