Egypt:IDA receives more requests for cement licenses


Updated Tue, 07 Jun 2016 15:24:24 GMT

Egyptian Industrial Development Authority (IDA) received eight requests from the local and international companies for gray Portland cement licenses after the deadline ended on May 31,2016, reports Daily News Egypt.

“The authority will immediately begin studying submitted documents and offers in accordance with the rules and regulations approved by the Terms of Reference (TORs) and verify their match to requirements within 60 days,” said Ismail Gaber, Chairperson of IDA.

Meanwhile, the association has completed the delivery of TORs on 14 new licences for the launch of Gray Portland Cement projects in nine governorates, with a total production capacity of 28 million tons by two million tons annually for each plant.