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Jieya Invests $68M in New Chinese Paper Plant in Egypt
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Jieya Invests $68M in New Chinese Paper Plant in Egypt
Jieya Biologic Technology, a prominent Chinese supplier of paper products, announced plans to create a subsidiary in Egypt focused on manufacturing, with an investment of approximately CNY467 million (USD68.4 million). The new facility will be situated within the China-Egypt Teda Suez Economic and Trade Cooperation Zone and is projected to produce 8.1 billion disposable sanitary products annually. The construction phase is expected to take aroun…
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