# AIND plans EGP 10M investment in three new production lines for tile and cement bricks

Arabia Investments, Development, and Financial Investment Holding Company (AIND) plans to invest EGP 10 million to set up three new production lines in its tile and cement bricks factories in Alamein and Abu Rawash, Egypt. Two lines in Alamein are to be inaugurated in August and December 2018, and the third in Abu Rawash by mid-May 2019.

- Type: Expansion
- Announced: 2018-05-06
- Where: Alamein and Abu Rawash, Egypt
- Value: $556K (10.0M EGP)
- Starts operating: Aug 2018
- Status: announced
- Products: tiles, cement bricks
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Arabia Investments, Development, and Financial Investment Holding Company](https://endata.com/companies/31726.md)

## Sources

- [enterpriseam.com](https://enterpriseam.com/egypt/2018/05/06/aind-plans-to-invest-egp-10-mn-to-set-up-three-new-production-lines-in-tile-cement-bricks-factories/), 2018-05-06: "The company plans to inaugurate two lines in the Alamein factory in August and December 2018, and the third line in the Abu Rawash factory by mid-May 2019."

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