Egyptian Steel’s sister company Egyptian Cement, owned by Ahmed Abou Hashima, is planning to build the biggest complex for building materials industries in Upper Egypt region. The complex will be in Sohag, about 471km (292.6 miles) south of Cairo, with total investments estimated at 6 billion Egyptian pounds approximately ($332.4 million), the company said in a statement on Sunday.
Egyptian Cement will start work on its new complex by building a cement plant, in a step aimed to make a “leap” in investment levels in Upper Egypt region. The Company, signed the Engineering, Procurement, and Construction (EPC) contract with Chen Tao, Vice President of China’s state-run Sinoma CDI. Sinoma CDI will construct a 6,000 tonne per day clinker production line for Egyptian Cement’s plant, covering design, equipment procurement and supply, civil works, installation, commissioning, and testing of the whole clinker production line. Sinoma CDI is one of the world famous EPC contractors for cement engineering and construction. Egyptian Cement hopes construction and installation work for the new plant will be completed at the end of 2018.
