Egypt's government, private sector plan to revamp Trenco with $160mln investments

The Ministry of Electricity is planning to implement hydropower projects with investments of $4bln, in cooperation with the private sector

Staff Writer, Arab Finance

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The Egyptian government is planning to develop the state-owned tire producer Transport and Engineering Company (Trenco), in partnership with the private sector, with investments estimated at $160 million, Al Mal News reported, citing an official document.

It was reported previously that the Ministry of Electricity is planning to implement hydropower projects with investments of $4 billion, in cooperation with the private sector.

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