Cairo – Mubasher: Arabian Cement Co. has signed an agreement with Solaris Egypt to build a solar power plant in its plant in Suez, with EGP 100 million investments.

Funded by Qatar National Bank Al Ahli, the solar plant will be the first in Egypt to power a cement plant.

The construction of the project is expected to commence in the second quarter of 2019, Arabian Cement’s CEO Sergio Alcantarilla said.

The projected solar plant will be located on up to 96,000 square metres.