KEMA repays LE 2.3 bn to the Italian “Tecnimont”

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Maher Al Abd, the manager of investors’ relations in Egyptian chemical industries Company (KIMA), stated that the company repaid around LE 2.3 billion for the Italian company “Tecnimont”, which carries out the construction project “KIMA 2”. Al Abd added that KIMA intends to use the amount of selling 20 feddans in Aswan for financing the new project.

 

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