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Printing Industries Chamber, in Federation of Egyptian Industries (FEI), studies the initiative of constructing a factory for producing paper with EGP 1.5 billion investing costs.
The Chamber Chairman Khaled Abdo said the initiative is fulfilled jointly with the companies of the public and private sectors; referring to the participation of Egyptian Sugar and Integrated Industries Co. (ESIIC), as it possesses the raw material used in the industry of bagasse.
He mentioned that it has decided to start constructing the new factory next year, after finishing its studies, in Nagaa Hamady. Its construction will take 3 years; its production is expected to reach 100.000 tonns annually.
