Wednesday, April 2, 2014

He explained that the meeting also dealt with an emphasis on the companies need to review the adver


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Eng Hatem Saleh, Minister of Industry and Foreign Trade, said the ministry is currently preparing a long-term plan to provide for the needs of the energy industry, both for existing industries or targeted during the next phase, with a focus on maximizing the use of alternative energy sources.
The Minister that there is coordination with the ministries of environment and transport, to take account of international environmental standards and equipped with some of the ports on the Red Sea and the Mediterranean Sea, to be able to absorb the quantities needed to import coal, pointing out that the plan is designed to guide the quantities of gas surplus to the uses of economic return is greater.
The in favor that the ministry held during the last few days of intensive meetings with cement companies in order to adjust meid the price and study altitudes unexplained in cement prices in the local market, where the emphasis was placed on the need to work on the operation of the available capacity to meet the needs of the local market, pointing out that Egypt has great potential in the area of the cement industry.
He explained that the meeting also dealt with an emphasis on the companies need to review the advertised prices, and to take decisive action against the rings distribution practiced speculation meid and price increases are not justified, including the stop dealing with them, pointing out that the companies have declared their willingness to deliver cement directly to consumers at factory prices for each of the holds a license to build.
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