Expected Medhat Mostafa Attia, Chief, Division of marble in the chamber at the Federation of Egyptian Industries and the Chairman of the Board of Directors of Sinai International for Marble and granite, to reach the volume of investments in the marble industry in Egypt to 20 billion pounds during the next five years, both at the level of sector factories or quarries due to increase the demand for this commodity and scarcity on international markets, pointing out that the volume of current investment in this sector of 10 billion pounds.
The head of the Division's (gate-Ahram): The volume of Egypt's production of marble from the current 4,5 million tons annually, will be doubled to reach over the next five years to 9 million tons annually, adding that the number of marble factories located in Egypt is estimated at plant A. , divided between the entities of small and medium-rate of 80% for small entities and 20% for medium-sized entities.
He added that the average size of investment in the factory one small entities is estimated at $ 3 million, which could accommodate between 30 and 35 workers, in addition to 50 administrative staff, while the average investment in medium-sized entities $ 10 million.
The Chairman of the Division of marble at the same time that the export represents 60% of the volume of the output of Egypt, marble, and that in the case of a developed industrial base and investment in the industry will reach the volume of exports to 80%, referring to the adoption of a plan to increase exports during the last three years future cooperation with the Ministry of Trade and Industry.
The chairman of the Division for the existence of problems facing the marble industry in Egypt, the most important is the willingness of the Chinese to buy crude from the marble more than buy it in its final form and the semi-finals to be re-manufactured, and then took us once again, forcing the Ministry of Trade and Industry to impose duties on exports of 80 pounds per ton.
He added that Egypt had in 1500 quarry Bmhafezadtha different, and that the new plan to double its production requires to increase this number by up to 50% and increase investments in this sector.