A $3.5 Billion Petrochemicals Complex LaunchedSource: www.export-egypt.com 12/7/2011, Location: Africa |
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A $3.5 billion petrochemicals complex was launched by a South Korean US consortium to be located at Sukhna Zone. That was reported in the media quoting Mr. Osama Saleh, Chairman of GAFI - General Authority for Investment indicating that the complex will be managed by the US Company. He revealed that actual pumping of investments in the project is expected to start by early 2012 and that the output will be directed to both the domestic market and export.
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