Signing a contract to set up a project to manufacture and produce plastic hooks, produce beads, and assemble and cut slot tapes

Eng. Mohamed Adel Adel Fathy, Chairman and Managing Director of the Egyptian-Chinese Joint Investment Company, signed with Mr. Daoud, Chairman of the Board of Directors of Hongda Plastic Manufacturing Company, a transfer contract for the usufruct of an area of 10,000 square meters for a period of 46 years, to establish a project for manufacturing and producing plastic hooks, producing beads, assembling and cutting slots by area. Allocated to the Egyptian-Chinese Joint Investment Company in the Suez Canal Economic Zone.