Industrial production rises 12.5% Q4 2013: CAPMAS
Building of Central Agency for Public Mobilization and Statistics (CAPMAS) - YOUM7 (Archive)

CAIRO: Non-petroleum industrial production soared 12.5 percent, registering 80.8 billion EGP ($11.3 billion) during the fourth quarter of 2013, the Central Agency for Public Mobilization and Statistic (CAPMAS) reported in its quarterly bulletin.

Coke represented 17.8 percent of industrial production, foodstuffs represented 10.5 percent, and iron and steel represented 6.3 percent.

Youm7 reported in June the Ministry of Petrolatum is working on finishing exportation of ore mineral wealth within the upcoming 4 years so as to encourage national manufacturing and increase the added value of such products.

In his first speech following his inauguration, President Abdel Fattah al-Sisi said “Egypt will not overlook the mineral wealth sector at the upcoming period as it considered one of the core factors for flourishing and boosting the economy.”

Recommend to friends

Leave a comment