Min. stresses that Saint-Gobain Egypt should obtain the required help to spice up its investments

Michael Brown

International Courant

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Minister of International Commerce and Funding Hassan Khatib assured that Saint-Gobain Egypt will obtain all the required help to extend investments within the Egyptian market.

The minister made these statements throughout a gathering with Ahmed Wafik, CEO of Saint-Gobain Egypt, about present and future funding alternatives in Egypt.

Khatib stated in a press release on Thursday that the assembly mentioned the corporate’s present initiatives in Egypt and future funding plans.

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The corporate invested 160 million euros in Egypt and annual exports amounted to 56 million euros.

The corporate plans to take a position 300 million euros in Egypt inside three years (2024-2026), together with by constructing new factories.

Wafik stated the corporate is likely one of the main glass producers on the earth.

He stated the corporate is a crucial accomplice of the Egyptian state in attaining its objective of accelerating exports to $145 billion per 12 months.

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Min. stresses that Saint-Gobain Egypt should obtain the required help to spice up its investments

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