Among the projects is Otsuka Arabia for Nutritional Products, which will establish a $40 million factory in 10th of Ramadan City on a 95,000 sqm area.
The company aims to establish a complete supply chain in Egypt, starting with yarn production, progressing to fabric manufacturing, and ending with garment production
The companies that were given the Golden Licenses, on Tuesday, came as follows: the National Egyptian Railway Industries Company (NERIC) plans to establish a factory worth EGP 3.6 billion within the Suez Canal Economic Zone (SCzone).
The factory will have investments of EGP 3.575 billion and will manufacture all types and supplies of railways, metro, and trains.
GAFI recently granted 4 new golden licenses to a number of companies, bringing the total number of companies granted golden licenses to 24 companies
