The Prime Minister reviews with a president "The economy of the Suez Canal" Authority projects
Dr. Mustafa Madbouly, Prime Minister, met today, Monday, at the government headquarters in the new administrative capital, Walid Jamal Al -Din, Chairman of the General Authority for the Economic Zone of the Suez Canal, to review a number of projects that the authority contracted recently. Hightx Co., Ltd. Hangzhou & quot; The Chinese, specialized in the manufacture of decorative fabrics and furnishings, to establish its project inside the Qantara area of West Industrial, on an area of 65 thousand square meters, with investments of 17 million dollars, and this project is expected to provide 300 direct job opportunities, and aims to produce more than 20 million meters of fabrics annually, the entire production is allocated for export by 100%. Religion The Economic Zone of the Suez Canal is witnessing a great demand from Chinese investors, noting in this regard that during the past days, a high -level delegation from the boycott & quot & quot; Chinese, to discuss joint cooperation in the industrial, logistical, service and ports fields. The start of the Egyptian exports of global markets. Chinese specializing in flexible packaging solutions and packing materials, to establish its project inside the Qantara area of West Industrial, on an area of 171,000 square meters in two phases, with investments of 60 million US dollars, equivalent to 3 billion Egyptian pounds, and the project aims to produce a dual -axis polyipine (BOPP coils), metal BOPP coils, extended membranes, self -adhesive ribbons of a tape BOPP cellophan, cartoon tubes, an annual production capacity of more than 100 million tons, 165,000 pieces, and 60,000 rolls, and the entire production of export is devoted to 100%, so that the 18th project is in the Qantara area of West Industrial. In the textile and ready -made clothes sector with total investments for the two projects amounted to $ 20.5 million, and they are 4.6 thousand direct job opportunities, with a total area of 68 thousand square meters. One of the pipes of the Deglary for major international projects in Kuwait, Iraq, Tunisia and Jordan, with a total value of these contracts amounting to $ 47 million, other than the four commercial contracts that the Prime Minister had witnessed to supply the products of the & quot; Shin Shing & quot; One of the pipes of the Degelate in favor of national projects inside Egypt with a value of about 34.5 billion pounds.
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