{"id":598828,"date":"2019-06-10T04:00:06","date_gmt":"2019-06-10T04:00:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/esc-looking-to-invest-egp-3-bn-in-egypt-by-2022\/"},"modified":"2019-06-10T04:00:06","modified_gmt":"2019-06-10T04:00:06","slug":"esc-looking-to-invest-egp-3-bn-in-egypt-by-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/esc-looking-to-invest-egp-3-bn-in-egypt-by-2022\/","title":{"rendered":"ESC looking to invest EGP 3 bn in Egypt by 2022"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a><b> INVESTMENT WATCH- Maker of Flo bottled water looks to invest EGP 3 bn in Egypt by the end of 2022: <\/b>The <a href=\"http:\/\/www.floegypt.net\/about-us.html\">Egyptian-Saudi Company for Natural Water and Food Industries<\/a> (ESC), the distributors of Flo-branded water, is planning to invest EGP 3 bn in Egypt by the end of 2022, Chairman Mahmoud Daoud <a href=\"https:\/\/www.alborsaanews.com\/2019\/06\/09\/1210956\">told the local press<\/a>. The company is planning to expand its food manufacturing infrastructure, having earmarked c. EGP 500 mn to set up a port storage facility to support exports, another EGP 500 mn for an agriculture facility, and an undisclosed amount for a logistics center in Helwan, Daoud said, adding that construction is expected to begin in 2022. ESC is also in the process establishing a holding company under which to group its local subsidiaries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- Maker of Flo bottled water looks to invest EGP 3 bn in Egypt by the end of 2022: The Egyptian-Saudi Company for Natural Water and Food Industries (ESC), the distributors of Flo-branded water, is planning to invest EGP 3 bn in Egypt by the end of 2022, Chairman Mahmoud Daoud told the local [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[11272,72,125,2380,364],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598828","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-egyptian-saudi-company-for-natural-water-and-food-industries","tag-enterpriseam","tag-investment-watch","tag-speed-round","tag-water","wpautop","entry"],"acf":{"mongo_id":"99176562-86ef-4a2b-bd45-89fac89d4219","is_powered_by":true,"section_story_id":"bb2be0ab-dcd4-4490-8406-b6faecf129c4","story_type":"1","photo_url":"","photo_position":"above","related_issue":[598820],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The company is currently close to completing an\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/7\/710.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591562,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/alameriah-investment-company-to-invest-egp-15-bn-in-egypts-new-alamein\/","url_meta":{"origin":598828,"position":2},"title":"Alameriah Investment Company to invest EGP 15 bn in Egypt\u2019s New Alamein","author":"enterpriseam admin","date":"10 December 2019","format":false,"excerpt":"INVESTMENT WATCH- Alameriah Investment Company is \u201cgearing up\u201d to invest EGP 15 bn in New Alamein City, Chairman Bandar Al Ameri said during a meeting between the Egyptian-Saudi Business Council and Prime Minister Moustafa Madbouly, according to a cabinet statement. Al Ameri told Madbouly he exited his investments in other\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594043,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/mastercard-plans-to-invest-egp-2-bn-in-egypt-by-2025\/","url_meta":{"origin":598828,"position":3},"title":"MasterCard plans to invest EGP 2 bn in Egypt by 2025","author":"enterpriseam admin","date":"17 October 2019","format":false,"excerpt":"INVESTMENT WATCH- Mastercard plans to invest EGP 2 bn in Egypt over the next five to six years, including EGP 500 mn next year, MENA Regional President Khalid Elgibali said at the Egypt Can conference yesterday, according to the local press. 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