Turkish Investors Apply to Build Egypt Cement Plant, Masry Says

Turkish investors applied to build a cement plant in Egypt’s Sinai region after the Egyptian authorities issued legislation on developing the peninsula, Al Masry Al Youm reported.

Turkish companies have filed a land request for the project, the newspaper said, citing General Ismail Al Nagdy, who heads Egypt’s General Authority for Industrial Development.

To contact the reporter on this story: Nadine Marroushi in Cairo at nmarroushi@bloomberg.net

To contact the editor responsible for this story: Tarek El-Tablawy at teltablawy@bloomberg.net

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