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Egyptian-Indonesian deal for new automobile frame factory

By Asmaa Nabil A coalition of the Indonesian company Multistrada and the Transport and Engineering Company, a subsidiary of the Chemical Industries Holding Company (CIHC), are studying a plan to build an automobile frame factory financed by Misr Financial Investments. The factory will produce three million automobile frames per year. Amr Nashaat, the official spokesman …

Daily News Egypt

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