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Joint cement plant with China in Hosna
Egypt, Economics, 7/9/1997
Northern Sinai's government and China will sign a contract for establishing the biggest cement plan in the industrial zone of Hosna in Northern Sinai tomorrow.
The signing ceremony for the LE 650 million new plant will be attended by Minister of Local Administration Dr. Mohamoud El Sherif, Minister of Industry Soliman Reda, and Minister of Petroleum Dr. Hamdi El Banbi.
The production capacity of the new plant is estimated at 1.5 million tons annually, pointed out Northern Sinai Governor Mohammed Desouqi, adding that it will also help create 1,200 jobs.
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