INVESTMENT WATCH- China’s TBEA Sunoasis will be investing in a EGP 2 bn in a PV solar panel manufacturing plant in Aswan in partnership with the Military Production Ministry, government sources tell Al Mal. TBEA will put up 49% of the capital in the project, the source added. Both parties have yet to settle on how to finance the project, and are mulling whether to reach out to Egyptian banks and regional financial institutions or having TBEA fund the entire project. The factory is expected to supply the Benban solar park.

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