Minister: Chinese firms mull pumping new investments in leather sector

Trade and Industry Minister Amr Nassar said Saturday 16/02/2019 that a number of Chinese companies plan to pump new investments in the leather sector in Robiki Leather City, located in Badr City, east of Cairo.

During his inspection tour of the city, Nassar reiterated that investment ties between Egypt and China witness noticeable development during the current phase, the matter which reflects the keenness of several Chinese firms on pumping investments in the Egyptian market.

Addressing representatives of Chinese companies during the tour, the minister made reference to an announcement by the Chinese Mankai firm about establishing the biggest textile city in Egypt.

Source: State Information Service Egypt