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A factory will be opened in December, will cost EGP 5.5bn, and will produce 830,000 tonnes of billet, 550,000 tonnes of steel bars
Sources at the SCA said the project costs up to $25m and consists of two main parts.
Lands are allocated to establish a terminal for storage and handling of liquid casting products and ships provision with fuel
The colonel explained the phases of establishing the new Suez Canal Axis Development project, including the advantages of its establishment in world trade services, as well as its role in the development of the canal region.
Farhet Misr Fund should be subject to supervision by Central Auditing Organization (CAO), says banking expert Basant Fahmy
International consulting firms and investors await the government’s announcement of the commencement of the Suez Canal development project
Chairman of Suez Canal Authority attends COMESA meeting
Buying and selling Suez Canal ‘a joke’, says Morsi to Al-Jazeera