Egypt: France’s Vicat and its subsidiary Sinai Cement plan to invest Euro30m in the local market. Vicat Egypt’s chief executive officer (CEO), Tamer Magdy, said that the investment is intended to meet demand for cement, according to Mubasher. He added that the company would continue to invest in the Sinai Peninsula despite on-going security issues.
Vicat to invest Euro30m in Egypt
URL: https://www.globalcement.com/news/item/8612-vicat-to-invest-euro30m-in-egypt
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