EGYPT: Open export cement .. Egyptian exploitation for the benefit of foreign

The cost per ton sold 250 to 500 pounds.

The decision of the Ministry of Trade and Industry to allow the export of cement after a year and a half to stop questions about the beneficiaries of that decision, particularly as it came after a decline in demand for cement in the domestic market.

He revealed that the cement experts of foreign companies operating in the cement industry in Egypt because these industries are banned in Europe for the danger to the environment, and that employment in Egypt and cheaper energy prices low.

, "Said Ahmed El Zeny Chief, Division of Building Materials Chamber of Commerce in Cairo that the major foreign cement companies is the primary beneficiary and the latter from opening the door to export.

He explained that these companies prefer to export their surplus of cement - especially with the recession - that the lower prices so as not to reduce profits and make the local market in case of thirst.

He said: price per ton of cement in Egypt ranges between 500 to 550 Egyptian pounds and reach the level to 600 pounds, while the cement prices ranging from the world between 300 to 350 pounds only!.

He asked: How does this happen and employment we have cheaper and subsidized energy? He added: This is the exploitation of the Egyptian people by those companies who are making gains of up to billions.

He pointed out that Zainy cement companies will not be able to issue at a price higher than $ 60 a tonne, about 350 pounds per ton, however will sell locally at 500 pounds, and therefore will pay the Egyptian citizen is higher than the foreign importer about 150 pounds.

He said: I am against the principle of export obligation except in the case of those companies selling us the same prices, which are issued to the outside.

He added: We can not measure the recession list now how our use of cement, we are in 2009, we have produced 46 million tons of cement consumed in full, but we have imported them more than a million piece and the existing state of recession, not a measure may not find a surplus for use later.

Zainy said he does not import from abroad for the companies raised cement prices in the domestic market more than that. And wondered: Where the government's role in the control that