French project to produce automobile engines in Ismalia

The French company Renault presented an offer to establish a factory for producing engines for automobiles in Al Isma'iliyah governorate with investments of 850 million Egyptian pounds, on the area of 50 feddans. In a phone call yesterday the governor of Al Isma'iliyah, General Abdul Aziz Salama, told ArabicNews.com that the governorate will bear the cost of transportation, utilities and establishing the basic structure on the piece of land and will implement all legal measures to deliver the necessary land to establish this project.