China to invest into Egypt’s development projects

03 Oct 2016

(MENAFN) The General Authority for Investment and Free Zones made talks with Beijing Group, China’s leading governmental group to pump investments into Egypt.Moreover, the Chinese group officials presented areas of their work in the fields of petrochemicals, fertilizers, propylene, urea and natural gas.Accordingly, Egypt aims to co-op with Chinese firms according to the framework of the government’s Sustainable Development Strategy.In addition, the number of Chinese firms working in Egypt amounts to 1.266 firms with investments totaling USD500mn.

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