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Country-Plan Projects and Tenders |
| 9140 Subject |
16 مليون دولار استثمارات هندية جديدة في مجال الأسمدة والكيماويات $ 16 million project promoted by an Indian Group to produce synthetic fibers among other extensions of existing industrial projects. |
| Date Published | Thursday, August 18, 2005 |
| Source Name | Al Alam Al Yom |
| Location Name | Country Wide |
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Description Date Format: (mm/dd/yyyy) |
During his recent meeting with Egypt Prime Minister, Chairman of an Indian Group has expressed interest to implement a $ 16 million project promoted by his Group to produce synthetic fibers. The investor, also Chairman of Alexandria Carbon Co. and new owner of Mansoura Company for Resins, lately privatized, has presented to the Prime Minister relevant expansion and revamping plans for both entities. He further confirmed the deep interest among Indian businessmen to invest in projects producing nitrogen fertilizers among others highly demanded by Indian agriculture. N.B. Worth indicating is that Tata Group of India was among bidders to buy out EFC – Egyptian Fertilizers Company but it withdrew on later stage. |
| Sectors Section | Beneficiary Sectors - Agriculture & Food Fertilizers & Agro Chemicals - Industry Fertilizers & Agro Chemicals Chemicals |
