INVESTMENT WATCH- Flex Films to invest USD 200 mn in Egypt: Indian polymeric films manufacturer Flex Films will invest USD 200 mn in its Egypt subsidiary Flex P Films Egypt, Flex Chairman Ashok Chaturvedi reportedly said on Wednesday. The company will invest in its second plant in Egypt, he said, according to AMAY. The company will also borrow to fund the development of the factory, he noted, adding that at it stands, the company’s current factory exports 70% of its output.

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