Eastern Company has indefinitely put off plans to build a 110k sqm cigarette manufacturing complex in Borg El Arab, company chairman Mohamed Haroun tells Al Mal. The decision came from the Chemical Industries Holding Company (Eastern’s parent company) which saw the capex required to build the complex as too high at this time, said Haroun. Eastern may use part of the land it acquired for the complex to build a tobacco packaging facility to maintain the industrial license it has on the land.

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