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Country-Plan Projects and Tenders |
| 9258 Subject |
652 مليون جنيه استثمارات لاعادة تأهيل شركات الكيماوية القابضة والمعدنية القابضة L.E. 652 million investments allocated to revamp companies of both MIHC & CIHC. |
| Date Published | Thursday, September 08, 2005 |
| Source Name | Al Alam Al Yom |
| Location Name | Country Wide |
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Description Date Format: (mm/dd/yyyy) |
Data of the Ministry of Investment, quoted in the media, indicated that L.E. 652 million investments have been allocated to revamp companies of both MIHC – Metallic Industries Holding Co. & CIHC – Chemical Industries Holding Co. That included L.E. 50 million for the rehabilitation of an ammonia nitrate project at Semadco – El Nasr Co. for Fertilizers & Chemical Industries , to be executed by a French Co. & L.E. 7 million to revamp the corrugated carton line at Moharram Press Industrial Press Co. Figure further included L.E. 535 million for the rehabilitation of HADISOLB third furnace (to produce 800,000 tons/ year). Here foreign/ local private funding is now searched. Figure further includes L.E. 50 million to revamp production lines & improve their adaptation to environment at Alexandria Sodium Carbonate Co. to reach their design capacity of 130,000 tons/ year. |
| Sectors Section | Beneficiary Sectors - Electromechanical Works Electromechanical Works - Construction Projects Integrated works - Industry Chemicals - Environment-Related Works Environment-Related Works |