Unnamed Gulf investor to set up EGP 100 mn windshield plant

An unnamed Gulf-based investor is in talks with the Federation of Egyptian Industries (FEI) to set up a new windshield factory in Egypt with initial investments of EGP 100 mn, Al Borsa reports. The investor is looking to house the facility in close proximity to where silica deposits are found, FEI engineering division head Mohamed El Mohandes said, refusing to disclose any additional detail.