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Complaint > Alex Dev-01/Wadi al-Qamar

Filing: Egypt Alex-Dev Complaint

...climate change. Alexandria Portland Cement intends to begin using coal as a cheap source of energy instead of natural gas. The disclosure letter sent to the Egyptian Stock Exchange states that the company has already made investments to begin operating with coal starting in 2014, regretting that the project has been delayed because of resistance and 22 Attachment no.9 postponements by the former environment minister. A supporter of the move to renewable and clean energy sources and an oppon...
IFC Compliance Advisor/Ombudsman - Egypt