Indian investments of US$110 million to be injected into Sokhna industrial zone ...Egypt

EGYPT INDEPENDENT - Economy
Indian investments of US$110 million to be injected into Sokhna industrial zone
source : EGYPT INDEPENDENT ( Egypt ) () 20
The Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE) Walid Gamal Eddin, held a meeting with Flex PET, one of the Indian companies working in the field of polyester industries, to discuss the progress of work for a new project to manufacture polyester resin. The project is being built on an area of 250,000 square meters, within the scope of the Industrial Developer (SIDC), an important industrial developer in the economic zone in Ain Sokhna. The factory aims to produce 400,000 tons of polyester resin annually. It also aims to provide 200 direct and 500 indirect jobs, with targeted investments estimated at US$ 110 million. The construction works of the project are ex

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