Arabian Cement’s investments in Egypt record $600mn

The Egyptian-based company Arabian Cement (ARCC.CA)’s current investments in Egypt stand at around US$600 million, CEO Jose Maria Magrina said Thursday.

ACC’s investments encompass its cement factory in addition to its affiliates Andalus Ready Mix Concrete and Andalus Reliance Mining.

Magrina further told Amwal Al Ghad that Arabian Cement’s production capacity amounts to 4.2 million tonnes of clinker and 5 million tonnes of cement.