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Egypt’s billionaire invested up to $ 50 billion in US infrastructure

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Investments in the United States will focus the company formed as a result of the unity of the manufacturer of OCI Global chemicals and fertilizers along with the Timecom Construction Company.

The richest man of the Egypt Nassf Saviris has planned to invest up to $ 50 billion in infrastructure projects in the United States. This has been reported by the Financial Times.

It has been noted that in infrastructure investments in the United States, a company formed as a result of its OCI Global Chemical manufacturer’s organization and fertilizer with construction construction of Timecom construction is focused.

“We want to focus on the next phase of our business in the field where we see the greatest opportunities – infrastructure,” the billionaire said.

It is assumed that United Business, among other things, will benefit from a sharp increase in costs for data centers. The company plans to invest in American infrastructure over the next decade both are its own capital and the funding of partners.

Remember Amazon.com Inc. It plans to invest 7.5 billion dollars of New Zealand ($ 4.4 billion) in developing cloud infrastructure in New Zealand.

It was also reported that China refused to invest in the Russian Gazprom project in a 2.6 thousand kilometers of profit.

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Source: korrespondent

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