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Cairo – The President of the Suez Canal Authority, Osama Rabea, and the Chairman of the Egyptian-Chinese J.V. Company for Investment, Mohamed Adel Fathy, witnessed the signing of a protocol of cooperation to utilise and market a land plot owned by the authority in Ain Sokhna.
The land plot will be offered to investors for the establishment of small- and medium-sized enterprises (SMEs), according to a statement on Wednesday.
The Egyptian-Chinese J.V. Company for Investment will be the industrial developer of the land which covers an area of 600,000 square metres in northwestern Gulf of Suez.
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