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.

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.

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

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