Egypt: Egyptian President Abdel-Fattah al-Sisi inaugurated a cement and marble production complex worth US$1.1bn to the south of Cairo on 15 August 2018. The 500-hectare industrial complex is located 12km north of the Upper Egyptian governorate of Beni Suef.
It took 21 months to complete the complex, which includes three cement plants with a combined annual production capacity of 12Mt/yr. Egypt, through the Armed Forces Engineering Authority, worked together with 20 local and international companies on the project.
During the unveiling ceremony, Sisi said that such industrial projects would help reduce imports, while saving foreign currency and offering thousands of job opportunities to local people.
