# Wuhan to build construction materials plant in Suez Canal Economic Zone

Wuhan Building Materials Industry and Research Co. formed a partnership with Arab investors to build a modern construction materials plant on 60,000 square metres in the Suez Canal Economic Zone, Egypt, with an initial investment of 500 million Egyptian pounds.

- Type: New facility
- Announced: 2018-02-13
- Where: Suez Canal Economic Zone, Egypt
- Value: $28.0M (500.0M EGP)
- Status: announced
- Products: modern construction materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Wuhan Building Materials Industry and Research Co.](https://endata.com/companies/30034.md) (partner)

## Sources

- [alborsaanews.com](https://alborsaanews.com/2018/02/13/1084249), 2018-02-13: "عقدت شركة ووهان لمواد البناء والصناعة والبحوث الصينية شراكة منذ أيام مع مجموعة من المستثمرين العرب لإنشاء مصنع لمواد البناء الحديث على مساحة 60 ألف متر بالمنطقة اﻻقتصادية لقناة السويس."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
