EFG Hermes' InfraMed invests $100m in the Egyptian Refining Company (ERC)

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Tuesday 19, June 2012 by Robin Amlôt

EFG Hermes' InfraMed invests $100m in the Egyptian Refining Company (ERC)

InfraMed invests in landmark $3.7 billion refining project led by Citadel Capital that aims to halve Egypt's diesel import requirements, result in more than USD 300 million in additional direct benefits to the state annually, and spur job creation.

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