Chinese Project of Fiberglass in West Suez at $200 Million

Egypt's Supreme Council of Energy in a meeting held on 30/6/2012 with Prime Minister Dr. Kamal Al-Ganzouri, approved to increase volume of generating power and gas for the Chinese company "Jushi" to produce 6 to 12 megawatt to the fiberglass project in North West of Suez Gulf.

Planning and International Cooperation Minister, Fayza Abul-Naga, pointed out that the project is one of the giant projects at $ 200 million investment cost, adding it supports 40 industries and provides 2000 direct and indirect job opportunities. The minister said the agreement for increasing power came after "Jushi" demanded to get the additional power.