Production & manufacture of marble blocks

Project Name

black marble (Wade El mieh) – Eastern Desert(industrial zone)

Project Location

Wade EL Mieh – Eastern Desert = 1.5 million m³

Project Reserves

1.Extraction & production of marble blocks

2.Production of marble slabs

Project Objective

1.providing new job opportunities

2.contributing to increasing the national income

3.contributing to developing of  the zone

4.contributing to redistribution of the population

5.can be considered as a model of mining project

6.training new cadres to work  in the profession of ornamental stones

Project Description

150 thousand m² / marble slabs

4 thousand m³ / marble blocks

Production Capacity

One year

Duration of implementation

20-25 years

Project Time scale

4140 thousand  pounds for slabs & 5747 thousand pounds for blocks

Total Cost

1234 thousand pounds for slabs & 1185 thousand pounds for blocks

Net Profit

The Egyptian Mineral Resources Authority (EMRA)

Responsible Entity for the Project

(EMRA) 50% , partner 50%

Earning ratio

The project will be financed by the joint venture company, which will recover its expenses after the production. By the end of the project the ownership will be transferred to EMRA .

financing

2010

Start up date

Project  proposed for investment

Current Status