Wadi El Natroun Receives EGP1.2 bln New Investments

Fathy Morsi, Chairman of El Beheira Investor Association, told “Amwal Al Ghad” that the total of the industrial investments received by the industrial zone in Wadi El Natroun in 2012 reached EGP 1.2 billion, and distributed on 350 new factories.

Morsi said these investments operate in several productive sectors, such as textile, food industries, mineral and engineering industries. He referred that a number of these factories will start the production process in the coming days, after finishing the experimental operating.

He confirmed that the association is eying that the industrial zone in Wadi El Natroun receive new investments in the coming period, as El Beheira governorate is allocating 130 thousand acres to implement the third phase of the zone.