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Additional Indian Investments worth $200m in Port Said

Source: www.export-egypt.com  10/1/2012, Location: Africa

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Minister of Investment Osama Saleh has said that India's "Sanmar" Chemicals' company is planning to pump additional investments worth US$200 million to expand its projects in Port Said. Following a meeting with a delegation of the company, the minister said that the company has eventually begun work to build a new plant in the industrial zone in order to raise its productive capacity of PVC so as to meet local demand and export the surplus.

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