FINANCIAL NEWS

Ball Corporation Co. to invest USD60m into Egypt branch

09 Aug 2016

(MENAFN) Metal packaging provider Ball Corporation is planning for new investments at almost USD60mn into branch in Egypt in the coming period.

Accordingly, the new investments will go towards setting up a third production line, beside the two current lines.

Moreover, the firm’s investments in Egypt reach almost EGP 840m and the Ball Corporation production amounts to 1.7bn metal packages yearly.

In addition, the company recently operates 75 factories and mutual ventures around the world, in South and Central America, Europe, Asia and others.

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