Egypt Bank shows 30 failed projects to investors

The head of the manufacture and transport committee of the Egyptian Union for Investors Associations, Mohamed el-Sayed, said there will be meetings with .Egyptian investors who expressed their willingness to invest in some companies that stopped working after its financial stumble

"The Egyptian bank confirmed possessing at least 30 projects. Investors union and Egyptian banks adopted to re operate the factories that stopped working in industrial areas," el-Sayed said.

On other hand, el-Sayed reported the total number of projects they mulled over to posses are worth 100 million EGP (U.S. $16.8 million) between chemical agriculture and rice mills.