Sanmar invest $200 million expand PVC factory in Egypt

Sanmar to invest $200 million to expand PVC factory in Egypt

6:57 AM, 17th October 2012
Sanmar to invest $200 million to expand PVC factory in Egypt
N Sankar, Chairman, Sanmar.

CAIRO, EGYPT: Sanmar Group plans to invest $200 million to expand its polyvinyl chloride (PVC) factory in Port Said’s industrial zone in Egypt. “We shall witness remarkable development in the economic relations between Egypt and India,” said Osama Saleh, Investment Minister, Egypt.

The company is willing to train Egyptian workers and promote the small businesses that will form as a result of the factory expansion, said N Sankar, Chairman, Sanmar.

© PTI News

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