Wednesday, July 13, 2016

Pandaplast invests $12 million in the Congo.

Pandaplast, a manufacturer of plastic household items and furniture, is expanding to the Congo. Investment in the factory is estimated at $12 million, including the cost of the land.

Manufacturing, which has already started, will gradually build up to full capacity by mid-2017, reaching 3,000 tons of plastic per year. Production is expected to encompass more than 200 different items.

The factory, named Europlast, will have a total built-up area of 20,000 sqm. Ali Kassem, major sh...

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