Minister of Public Business Sector Mahmoud Esmat said an integrated work plan has been adopted to develop the Sinai Manganese Company.
The plan includes expanding industrial production and introducing new industries to make good use of natural resources within the scope of the company’s work, Esmat said in a statement.
Work is underway to determine the form of partnership with the private sector to establish a new factory, he added.
The minister noted that local and foreign private investment is necessary to upgrade companies and add new industries.