CAIRO, June 29 (Reuters) - Egypt is to sign a contract on Saturday with local firm Carbon Holdings to build the massive Tahrir petrochemical project, the government said.
The $10.9 billion complex would be the largest in the Middle East, a cabinet statement said, and is expected to create 48,000 jobs.
Carbon Holdings CEO Basil El-Baz said it would take more than three years to build, according to the statement.
Economic growth for import-dependent Egypt has slowed since a 2011 uprising drove tourists and foreign investors away, but recent reforms tied to a $12 billion International Monetary Fund loan are aimed at putting the country back on the right track. (Reporting by Momen Saeed Atallah; editing by Jason Neely)