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Qara for Energy Projects and Investment Company has won a contract to establish the "GenVax Egypt" vaccine plant in Ain Sukhna, valued at 470.7 million Egyptian pounds, with the possibility of adding work worth 100 million Egyptian pounds. The project includes the civil, architectural, and electromechanical works for the factory, aimed at supporting the vaccine industry and strengthening Egypt's pharmaceutical security system. This project is part of the state's efforts to localize the pharmaceutical industry and increase reliance on domestic capabilities.
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