Africa’s meat and leather industry to deal with Chinese investors, who build in Robiki, and Brazilians as well

The new leather district, based in Robiki, strongly fostered by Egypt’s government to remove ancient tanneries, formerly located in the centre of Cairo, and relocate them in a new manufacturing cluster, may now take advantage of a strategic partner: China. Over the last month, Chinese companies have announced the implementation of two projects in Robiki. As reported by Nova Agency in mid-January, Man Kai industrial group and chemicals manufacturer are going to build five to seven manufacturing plants, which will extend across 20,000 square metres: according to the deal, made public by Egypt’s Minister of Industry, new prospective investments might be planned again. For the records, Chinese involvement in the leather district of Robiki is not just focused on direct investments. In fact, a Chinese bank (namely Exim Bank) allocated, in favour of the African country located in the Maghreb region, a 1,2-billion-dollar credit to make new railway lines and infrastructures, as reported by Egypt Independent, including a rail link between Robiki and Cairo.

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