EGYPTIAN STEEL
“ Each team is always updated about developments in its field and submits reports on what improvements are needed ; teams act as a part of a whole , which in the end is developed for competition on an international level .”
– Ahmed Abou Hashima , CEO invested heavily in doing so , Hashima said : “ The company forecasts total production to soon represent 20 percent of Egypt ’ s market share .” No small feat for a company with less than a decade of experience under its belt .
Its two megaprojects , which are set to become fully operational in 2017 , not only indicate a business willing to invest in the long term but also one that is not afraid of making a large scale commitment to the prosperity of the company , its employees , and Egypt .
The two facilities will each produce 830,000 tonnes of steel annually which will put the company well on its way to achieving its target market share . Hashima noted that constructions of this size required significant capital investment to get off the ground , he said : “ We paid approximately 60 million dollars just to secure
44 July 2015