The Embassy of the Arab Republic of Egypt, New Delhi, on the National Day of Egypt on 19 July this year, recognised and applauded The Sanmar Group as one of the “Friends of Egypt from India”.
Vijay Sankar received a memento on behalf of The Sanmar Group which has established a fully integrated world class vinyl chain production facility at Port Said, Egypt. TCI Sanmar Chemicals SAE has implemented a chemical project to manufacture 275,000 TPA of Caustic Soda and 200,000 TPA of Poly Vinyl Chloride (PVC) at Port Said. The Sanmar Group has so far invested USD 1.0 billion in the projects already completed and has started work on Phase-2 of the project with an investment on USD 300 million. TCI Sanmar provides direct employment to about 800 Egyptians and indirect employment to about 3000 Egyptians. The total investment of USD 1.3 billion by The Sanmar Group in Egypt is the largest investment in chemical sector from India into Egypt.
The event was attended by Indian diplomatic officials and parliamentarians, as well as ambassadors and other diplomats. There was a varied business and media presence at the function.
Vijay Sankar receiving a memento from Khaled El Bakly, Ambassador of Egypt in India. E Ahamed, Minister of State, Ministry of External Affairs, Govt of India is in the middle.