Cairo – Mubasher: A regional consortium comprising companies from Saudi, Emirates and Lebanon submitted a request to the economic commission of the Suez Canal to establish mega industrial park in Suez Canal axis development project.
The project investment value exceeds $300 million , and will spread across five million meter squares.
A number of multinational companies are expected to join the consortium, said a source close to the matter.
The project will comprise 120 factories, in addition to an integrated business park with investments up to $3 billion.
