A Turkish Company To Invest $ 100 Million In Egypt

Cairo – (Massader News )

Egyptian Minister of Trade and Industry Tariq Qabil announced that the Turkish company PashaBakhshta, for producing glass, plans to invest, an estimated at $ 100 million into the Egyptian market, according to a press release received by Massader

The Turkish company is expected to acquire one of the Egyptian glass producing company in 6th of October city with a value of 50 million dollars. The company is in the process of starting the development phase in preparation for the actual production next year. The press release added.

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