GLC Paints is looking to establish a EGP 200 mn plastics and packaging factory in 10 Ramadan City, CEO Mohamed Al Hout told Al Borsa. The 15k sqm factory will be financed by the company itself and is part of a strategy to tap into new export markets, including Ghana, Cote d’Ivoire, Kenya, and Morocco in order to grow its exports to USD 15 mn over the next two years.

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