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API HAS SIGNED TODAY FOR THE PACKAGE DEAL CONTRACT WITH IDAL

17 | Dec 2014

API has signed today for the Package Deal contract with IDAL. API, which is specialized in plastic pipes manufacturing is interested to expand its factory to cater to its growing export needs to Europe and Africa.

The expansion project is estimated at $20 Million and will create 30 job opportunities. API will benefit from a tax break for up to 10 years, 50% reduction on work and residence permits, 50% reduction on construction permit fees, and free land registration fees among others.