Paşabahçe to invest $100M in Egypt, acquires glass manufacturing company

Turkish glass manufacturer Paşabahçe will invest $100 million in the Egyptian market, including the acquisition of an Egyptian glass manufacturing company for $50 million. The investment is expected to create 1,200 jobs.

“A Turkish glass manufacturing company, Paşabahçe, will invest $100 million in the Egyptian market.”egypttoday.com

• 2 sources
• egypttoday.comTurkish firm to invest $100M in Egypt - EgyptTodayJul 12, 2017
• glassonline.comPaşabahçe acquires Pearl Glass Group for $50m | GlassOnline.com - The World's Leading Glass Industry WebsiteZoe WhittenJul 14, 2017

Summarized from public sources; check the original articles before acting on it.