Damietta Furniture City signs agreement to export EGP 100 mn of products

The Damietta Furniture City Company signed its first export agreement worth EGP 100 mn with unnamed US investors, according to the local press. The first four shipments will start from next month. The Damietta Furniture City Company is a 331-feddan furniture manufacturing complex that will be completed by 2022. The project will include 150 furniture factories, some 1500 smaller workshops, exposition halls, banks, hotels and other facilities.