Kabil opens factory of water treatment devices

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Tue, 17 Oct 2017 - 06:28 GMT

BY

Tue, 17 Oct 2017 - 06:28 GMT

Miniter of Industry and Trade Tarek Kabil - File photo

Miniter of Industry and Trade Tarek Kabil - File photo

CAIRO – 17 October 2017: Trade and Industry Minister Tarek Kabil on Tuesday inaugurated new expansions at Aqua Chiara Egypt which is specialized in manufacturing water treatment devices.

The new expansions were carried out with total investments of 150 million Egyptian pounds and are expected to generate annual sales of 160 million pounds and hire 500 workers.

About 50 percent of its production will be allocated for exports.

The minister also inspected the factory of Unionaire Group, which is built on 10,000 square meters with Egyptian-Saudi investments worth about 1 billion pounds.

The factory generates sales worth 1.950 billion pounds and 45 billion worth of its annual production will be exported.

It hires 5,000 workers.

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