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Egypt

Sailun Group, China to invest USD 1 billion in Egypt for tire plant

On August 13, the Government of Egypt announced that TEDA Egypt Group and Sailun Group, China, signed a contract to build a factory for the Chinese Sailun Group in the Suez Canal Economic Zone. Sailun Group will invest USD 1 billion in 3 phases. The plant will cater to domestic as well as export markets. It will be i....

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