Eastern Co
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Egypt’s cigarette manufacturer Eastern Company (Eastern Tobacco) announced it is studying the establishment of a cigarette production and packaging plant in Malawi at a cost reaching $40 million.
According to the company, it will hold a 51% stake in the new facility.
The move comes as part of the company’s plans to jointly establish plants in several African markets.
Photo Credit: Arabianeye-Reuters
According to the company, it will hold a 51% stake in the new facility.
The move comes as part of the company’s plans to jointly establish plants in several African markets.
Photo Credit: Arabianeye-Reuters
Source:
Mubasher