| Series Title | European Voice |
|---|---|
| Series Details | Vol.8, No.43, 28.11.02, p21 |
| Publication Date | 28/11/2002 |
| Content Type | News |
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Date: 28/11/02 THE European Investment Bank has agreed to invest more than €60 million in a huge new cement works in Algeria. The Luxembourg-based bank will lend Egyptian firm Orascom Construction Industries €55 million and will take a €6 million stake in the plant, to be sited 240 kilometres south-west of Algiers. It said the plant - scheduled for commissioning by 2004 - will help meet demand for cement and concrete for housing construction, and create around 400 highly skilled local jobs. The European Investment Bank has agreed to invest more than €60 million in a huge new cement works in Algeria. |
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| Countries / Regions | Northern Africa |
