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Tuesday, 29 October 2019

Egypt’s SCZone receives bids worth USD 1.45 bn to establish iron, steel factories

The Suez Canal Economic Zone has received requests from two investors to implement USD 1.45 bn in projects, according to the local press. The requests include one from a Chinese company looking to establish an integrated 3 mn tonne steel and iron complex, while another unnamed investor is seeking to build a USD 156 mn stainless steel factory.

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