Tuesday, July 4, 2017

Kabalan Plast to open plastic furniture factory in Tebna.

Kabalan Plast will open a plastic furniture factory in the Tebna industrial zone. Construction works will be launched early next year and will be completed in 2019.

The 4,000 square meters (m2) built-up factory will be erected on a 6,000 m2 land plot.

Hussein Kabalan, major shareholder, said that the price per m2 in Tebna is $150.

"There is a shortage of industrial zones in the South," he said.

Investment in the project is estimated at $4 million. "I will borrow a...

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