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Indian - Egyptian cooperation for producing irrigation pumps
Egypt-India, Business, 4/10/1999
Indian businessmen are to implement many major joint projects with Egyptian businessmen during the coming period.
Sangai Kiodloscar, deputy chairman of the Indian Industrial Union said the Indian engineering companies are interested in cooperation with Egypt as a major industrial country and that his company will establish a factory in the Sixth of October City to produce modern irrigation machines.
He said his country is ready to increase Indian investments in Cairo after studying the needs of the Egyptian market and that there is the probability of Indian participation in the Toshka project during the coming period.
He said there are more than 30 projects implemented by the company in cooperation with the Egyptian ministers of irrigation and agriculture.
Previous Stories:
Selling the Egyptian government's shares in the joint banks
(4/9/1999)
Establishing a cooperation for refining petroleum in Egypt
(4/8/1999)
Egyptian buys 40% of Swiss company's shares
(4/7/1999)
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