Benya signs final agreement with AOI for EGP 1 bn fiber optics factory

ICT infrastructure contractor Benya Capital has signed a final contract with the Arab Organization for Industrialization (AOI) to build a EGP 1 bn fiber optic cable factory in the Suez Canal Economic Zone, Al Shorouk reports. Benya and the AOI had signed a preliminary agreement for the factory back in May. The two companies also signed an MoU with the Arab Academy for Science, Technology, and Maritime Transport to work together on training in installing and operating fiber optic networks.