# Cemex announces US$20m investment in Egypt

Cemex announced a US$20 million local investment in Egypt, supporting its view of the cement market's recovery after production quotas were introduced.

- Type: Investment
- Announced: 2022-04-13
- Where: Egypt
- Value: $20.0M
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Cemex](https://endata.com/companies/16140.md)

## Sources

- [globalcement.com](https://www.globalcement.com/news/analysis/14642-update-on-egypt-april-2022), 2022-04-13: "The company has also announced a US$20m local investment backing up this view."

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