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#ministry of local development

Yazaki, a Japanese electronic car components manufacturer, signed contracts with the Fayoum Governorate for land to build a EUR 30 million (EGP 1 billion) “first of its kind” factory in the Fayoum Free Investment Zone. The project will “directly and indirectly” create about 3500 jobs for the people of Fayoum, Minister of Local Development Hisham Amna said, according to a statement published by the Egyptian cabinet on Facebook on 24 July. The factory will be built on an area of…