Egypt’s investment bank FEP Capital is planning to pump investments worth 500 million Egyptian pounds ($28.1 million) into the country’s food and industrial sectors until 2020, said chairman Abdullah Al-Shaheen on Sunday.
FEP Capital has pumped so far 250 million pounds out of the group’s planned investments in these sectors, Al-Shaheen further added.
“Our businesses focus on these two sectors and troubled factories,” FEP Capital chairman showed.
FEP Group’s affiliates are studying pumping investments into a number of troubled factories and small-sized firms, Al-Shaheen concluded.
FEP Capital, part of regional First Equity Partners (FEP), is a private Equity, investment banking, and consultancy company. It is the most recent investment bank working in Egypt.
