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19.03.2012 Egypt

Cairo - steel works: € 70 million in contracts for Danieli

19.03.2012 LISTEN
By Embassy of Italy in Cairo

CAIRO, Egypt, March 19, 2012/African Press Organization (APO)/ -- Italy confirmed its role as Egypt's top economic-trade partner. After the successes of Ansaldo (€245 million in contracts for an electrical power plant) and Technimont ($520 million in contracts for the construction of a fertiliser plant in Aswan), the Danieli firm signed a contract for €50 million for the construction of a “greenfield” steel working plant in Beni Suef. A contract was also signed for a 20-million-euro “revamping” of a pre-existing plant in Alexandria.

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