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Wednesday, January 16, 2008

Turkey starts Egypt's first private industrial park

"Turkey starts Egypt's first private industrial park

CAIRO, Jan 16 (Reuters) - Turkish President Abdullah Gul inaugurated on Wednesday Egypt's first private industrial park and Egypt said it hoped the project would attract $4 billion of investments in the next four years.
The Polaris industrial park, which occupies 2 million square metres (500 acres) in Sixth of October City west of Cairo, is a joint venture between the two countries, whose economic relationship has taken off in the past two years."

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