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Egypt: Launch of a Tire Factory Project with Government Support
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The Egyptian government has signed an agreement with the Chinese group Sailun for the construction of a large tire manufacturing plant in Ain Sokhna, TEDA Egypt, integrated into the Suez Canal Economic Zone. The Egyptian authorities have announced the signing of a contract with the Chinese group Sailun for the construction of a tire manufacturing plant. The project represents a total investment of USD 1 billion and will be carried out over an ar…
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