Egypt secures $2 billion massive aluminum mega-project in Suez Canal Zone

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Egypt has secured a $2 billion investment from a major Chinese industrial company to develop a massive aluminum manufacturing project in the Suez Canal Zone. This high-tech project aims to strengthen Egypt's position as a global manufacturing hub.

Egypt is quietly solidifying its footprint as a massive global manufacturing engine, and Beijing is writing a hefty check to prove it. Deputy Prime Minister for Economic Affairs Hussein Issa recently met with executives from a top-tier Chinese industrial giant to hammer out a massive two billion dollar investment. The deal envisions a high-tech, end-to-end … The post Egypt secures $2 billion massive aluminum mega-project in Suez Canal Zone appeared first on Egypt Independent.