Abdos to build USD 30 mn plastics factory in SCZone:Abdos — an Indian firm specializing in the production of plastic lab equipment — inked an agreement to build a plastics factory worth USD 30 mn in Orascom Industrial Parks’ (OIP) Sokhna complex, the Suez Canal Economic Zone (SCZone) said in a statement yesterday.

What we know so far: The planned plastics factory will provide 350 jobs in a first phase that is scheduled to open in 2H 2024.

More to come? SCZone CEO Gamal El Din and SCZone delegation will head to India this month as part of a global tour which has seen SCZone representatives travel to China, Japan, the Netherlands, and Vietnam.

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