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To: Elmer who wrote (113034)	10/10/2000 12:58:17 PM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

Intel Investors - Intel Plans to Build a Wafer Fab in Egypt Tuesday October 10, 12:34 pm Eastern Time Intel to build microchip plant in Egypt CAIRO, Oct 10 (Reuters) - Egypt's cabinet on Tuesday granted U.S. high-tech company Intel Corp (NasdaqNM:INTC - news) approval to construct a microchip production plant in Egypt, it said in a statement. The project, presented by Intel to the Egyptian government, would inject $500 million of investment and provide about 3,000 jobs, the statement said. The cabinet also agreed to allocate land for the project, it added. Email this story