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Country-Plan Projects and Tenders |
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7217 Subject |
753 مليون جنيه استثمارات التصنيع للسكر من البنجر في النوبارية وقرب مرحلة الانتاج Noubariya (Beat) Sugar Co. holding its first regular shareholders meeting, documenting the project entrance to the actual implementation phase. |
| Date Published | Sunday, October 24, 2004 |
| Source Name | Al-Ahram |
| Location Name | West Noubariya |
| Description | Eng. Mohamed Assad Khalil, head of the Food Industries Holding Co., has recently chaired the first regular shareholders meeting of Noubariya (Beat) Sugar Co. The company was formed to implement a beat sugar factory in Noubariya to produce 125,000 tons/ year under L.E. 753 million investments, 60 % of which to be effected by S.I.I.C. - Sugar & Integrated Industries Co. The project, to generate 600 employment opportunities, is scheduled for completion in 36 months. Dr. Mokhtar Khattab, ex Minister of the Public Business Sector, was named as the Chairman of the company board of directors, while Eng. Raafat Saad (Director general of Nagee Hamadi Sugar Factories) was named as managing director. Shareholders of the company include S.I.I.C., holding 30 %, Al Chark Insurance Co. & Misr Insurance Co., holding 15 % each, the Food Industries Holding Co. & Dakahliya Sugar Co. holding 10 % each. |
| Sectors Section |
Beneficiary Sectors - Electromechanical Works Electromechanical Works - Construction Projects Integrated works Steel Structure, Possible Prefab - Industry Engineering |
