Egypt

The Prime Minister reviews a project to exploit the Kaoanian sand raw sites

Dr. Mustafa Madbouly, Prime Minister, held a meeting today at the government headquarters in the new administrative capital; To review a project to exploit the locations of the Kaoanian sand crude and maximize the added value, in the presence of the engineer & nbsp; For investments in various sectors, including mining industries, from the standpoint of encouraging industry and innovation in that sector, and attracting local and foreign investments. In order to build a competitive economy based on manufacturing. Its components and the size of investments in it, pointing out that this project is an integrated industrial logistical project in the economic zone of the Suez Canal in Ain Sokhna, and aims to maximize the added value of the rich Kaolini sand crude with a high percentage of alumina and is available in Egypt. The project depends on the latest technologies for separating and processing crude physically, chemically and thermal, to produce high -value industrial products. Sheta is that Ancum confirms its firm commitment to contributing to achieving sustainable industrial development and maximizing economic benefit from natural raw materials inside Egypt.

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