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Saudi investment group aims new investments in Egypt at EGP4bn

19 Apr 2017

(MENAFN) A pioneering Saudi investment group aims to inject new investments into the Egyptian market worth EGP4bn, which is studying the market and conducting extensive feasibility studies to select the site and products.

Additionally, Egypt is full of huge investment chances in the fields of automotive manufacturing, pharmaceutical waste recycling, sugar production and spinning and weaving.

Moreover, the firm has expressed its desire to access the pharmaceutical and medicine industry, which is one of the vital sectors the ministry plans to enhance.

Meanwhile, there is a need to establish plants to manufacture cancer treatment medicines, particularly as Egypt imports USD1.4bn worth of these medicines yearly.

MENAFN1904201700450000ID1095403020

MENAFN1904201700450000ID1095403020

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