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5061 Subject |
1 مليون دولار و5 مليون يورو لثلاث مشروعات جديدة بالعين السخنة والاسماعيلية Three free zone projects licensed recently by GAFI – General Authority for Investment & Free Zones, capitalized at $ 1 million & Euro 5 million. |
| Date Published | Saturday, December 27, 2003 |
| Source Name | Gomhouria |
| Location Name | Country Wide |
| Description | According to Dr. Eng. Mohamed El Ghamrawi, Chairman & CEO of GAFI – General Authority for Investment & Free Zones, three new free zone projects were recently licensed & capitalized at $ 1 million & Euro 5 million. The first two projects capitalized at $ 1 million will produce garments & will operate from both Ismailiya & Alexandria Public Free Zones. They are to involve $ 2.5 million estimated investments. As to the third project so it is capitalized at Euro 5 million with Euro 15 million estimated investments. It will be located at Ein Al Sokhna & will involve with the recycling of used edible & palm oils to convert them into safe organic fuel. Output of all 3 projects is 100 % for export. |
| Sectors Section | Beneficiary Sectors - Industry Chemicals Textile |
