Source: Egyptian Institute for Studies
Author(s): Omaima Ismail
Original Link: https://madamasr.com/en/2019/09/18/feature/economy/egypts-cement-industry-disrupted-by-entry-of-military-as-major-new-market-player/
Egypt’s cement market was disrupted last year with the entry of the Armed Forces as a major new player in the industry.
In August 2018, the Arish Cement Company, which is owned by the military-run National Services Products Organization, launched the largest cement plant in the country in Beni Suef. The Armed Forces also announced the completion of two more production lines in the second phase of its existing factory in Arish.
The new plants have a whopping annual production capacity of 18 million tons, giving the military control over a fifth of Egypt’s cement market.
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