President Abdel Fattah El Sisi will inaugurate tomorrow a USD 1.12 bn cement production facility in Beni Suef constructed by the Armed Forces, Al Masry Al Youm reports. The factory will have a total production output of 13 mn tonnes of cement per annum through its six production lines, making it the region’s largest cement factory. The plant’s inauguration comes as the local cement market is already in a state of oversupply, which has pushed several companies to bump up their exports.

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