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Infrastructure 
AOI in talks with Polish company to build tractor factory in Egypt
The Arab Organization of Industrialization (AOI) has begun talks with an unnamed Polish company to set up a tractor factor…
Manufacturing
Factory bailout fund to start work next week
The government’s EGP 150 mn bailout fund will start financing the first phase of idle factories next week,Chairman of Tahya…
Oriental Weavers to invest EGP 120 mn in production lines and equipment
Oriental Weavers is planning on spending EGP 120 mn on new production lines, machinery, and equipment over the next year,…
GLC to establish EGP 200 mn plastics and packaging factory
GLC Paints is looking to establish a EGP 200 mn plastics and packaging factory in 10 Ramadan City, CEO Mohamed…
LG Egypt studying assembly of cell phones
LG Egypt is conducting feasibility studies on a new domestic production line for cell phones, CEO Don Kwak tells Al…
LG Egypt targeting USD 250 mn in exports by year’s end
LG Egypt is looking to boost its exports to USD 250 mn by the end of this year, CEO Don…
Bailout fund for idle factories to begin disbursing financing to first three factories in a month
The EGP 150 mn bailout fund for idle SME factories will begin financing the first three factories on its roster…
Tahya Masr to market excess production capacity at state-owned factories to private sector
The Tahya Masr Fund is reportedly holding talks with seven public sector petrochemicals, pharma, paper and textiles companies to see…
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