Establishing & Operating A Cement FactoryProducing 1.5 million Tons / Year

Summary on The company :Allocation : Approval from IDA for the necessary license for Establishing the factory dated 25/9/2012 and isrenewed till 25/9/2014.Land : Total land square : 638796 M2. ( Only Six hundred thirty eight thousands Meters and seven hundred andninty six square meters ) For Establishing the Factory at Sukhna Road and according the allocation contractwill be paind at the beginning of the operation at Kilo 13 Sukhna – Qattamiya Road.

The company obtained the following :The approval of the Executive Council of the Suez Governorate for the Land Allocation in the session on7/2/2012 ( Governorate Letter number 1932 dated 19/7/2012.A number of 2 Limestone Quarry with a stock sufficient for more than 100 years with a total volume from 4 to5 Billion Tons with a price of 4 EGP / Per Raw Ton.

Technical and environmental studies, soil research and approvals for the Installation of plant facilities & services.Approval of National Center for the use of Country lands.

Approval of The Authority of the Armed Forces Operations.Contracting with Askom Company for the operation of quarries.Contracting with Aresco company for the supply and installation of the production line (turnkey).Obtained the Approvals of nergy - electricity - gas - water since 2011.The average return on capital of is about 67.8%, and the average yield on the investment cost is about 26.3%,both of them far exceeds the revenue derived from the opportunity (10.5%)