Cairo – Mubasher: Scatec has pumped $500 million investments in Egypt’s Benban solar park, according to Mohamed Amer, Egypt Country Manager at Scatec Solar.

The solar park project has successfully attracted foreign direct investments of $2-2.5 billion to Egypt, Amer said in a video published by the Ministry of Investment and International Cooperation.

Egypt is now seen as an investment paradise, which encouraged the Norway-based company to choose Egypt as a centre for the Middle East, North and West Africa, he added.

 

Source: Mubasher

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