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Al Maghreb , Algeria.
6/26/2007 12:00:00 AM
Investment in Algeria
Algerians and Egyptians are determined to make their cooperation a model to follow.

A fact that was confirmed yesterday by the signing between the ASEC CIMENT ALGERIE, a subsidiary of ASEC Group Egypt and ERCC, the sale of project assets of the cement plant Djelfa, a market which has been attractive since the enthusiasm of foreign investors interested in the continuation of public cement proposed for privatization and the construction of new units.

In short, the acquisition of this market is considered a milestone for ASEC CIMENT ALGERIE, which wishes to have existence in the Algerian market.

An ambition that seems legitimate as ASEC enjoys a good reputation and has established itself on the Egyptian market, even Africa.

The company ASEC CEMENT is placed 5th cement group in Egypt with an annual production capacity of 4 million tons of clinker.

Al-Maghreb - 26 June 2007.jpg
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