141 new industrial projects launched in October 6th city, Egypt

Published October 16th, 2000 - 02:00 GMT

The Egyptian Minister of Industry and Technology Development, Mustapha Al-Refai, has recently announced that 141 new industrial projects are currently being built in October 6th City, reported Al-Ahram daily. The amount invested in these projects totaled EP 1.7 billion, while the outputs of these projects is assessed at EP 4.4 billion. These projects have been planned to facilitate 10,345 jobs, with overall annual salaries reaching EP 79 million.  


Statistics recently made public by the Ministry of Industry and Technology Development and appearing in Al-Ahram have revealed that 557 industrial projects are currently operating in the October 6th City. The project’s total investments are valued at EP 8.043 billion, while the annual output is assessed at EP 15.048 billion. These plants employ 47,000 workers with overall annual salaries of EP 363 million. –(Albawaba-MEBG) 



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