Egyptian banks have offered financing options to investors for developing the Robbiki Leather City tanning complex.
Cairo for Investment and Real Estate Developments (CIRA) is offering 43 tanneries for investors in the third phase of development, including:
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20x 2,000 sq m factories
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6x 1,000 sq m factories
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17x smaller units of 121 sq m.
Meanwhile, banks including the National Bank of Egypt, Bank of Alexandria and the Export Development Bank of Egypt are offering tailored financing solutions for investors.
Tanneries at the site will gain access to export incentives for leather and leather products, while the third phase of the project aims to establish leather goods manufacturing at Robbiki Leather City.