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Country-Plan Projects and Tenders |
| 7487 Subject |
2 مليار دولار استثمارات ايطالية جديدة في قطاعات الاسمنت والمنسوجات والجلود والموبيليا $ 2 billion fresh Italian investments to pump in Egypt |
| Date Published | Wednesday, December 08, 2004 |
| Source Name | Al-Ahram |
| Location Name | Country Wide |
| Description | Italian Ambassador to Cairo was quoted in the media announcing his country would pump up to $ 2 billion fresh investments in Egypt during the next four months. The investments are eyeing the cement industry, the textile industry, also the leather & the wood industry. He indicated that Italcementi is interested to acquire 65.9% of Suez Cement in a deal worth up to $ 540 million. He revealed that the development receives a very strong support of the Italian Prime Minister Mr. Berliskoni |
| Sectors Section |
Beneficiary Sectors - Industry Cement - Economy Economy |