The Chairman of the Board of Directors of Sugar and Integrated Industries Company, which is part of the Ministry of Supply and Internal Trade of Egypt, Essam Al-Budaiwi said that the company has received 3 international proposals to establish a plant for the production of absolute alcohol. .
Al-Budaiwi said in a statement on the sidelines of his participation in the exhibition (Food Africa) that proposals submitted by Italian, Indian and French companies are being studied to establish a plant that is located on an area of two to three acres, with an expected production capacity of 80 million liters per year, extracted from cane, with an investment of £1.5 billion.
He added that one of the advanced companies offered to carry out the construction process, the second offered to enter into a partnership, and the third offered financing in exchange for obtaining the final product. He indicated that the goal was to create another alcohol production. factory in Nagaa Hammadi area.