GSEZ has signed an investment agreement with Rexon Steel Manufacturing PLC

Gada Special Economic Zone Development Corporation (GSEZDC) has signed an investment agreement with Rexon Steel Manufacturing PLC for the establishment of a state-of-the-art steel manufacturing plant on 25,000 square meters of land, with a total capital investment of USD 30 million. This strategic venture not only strengthens the industrial base of the zone but also promises significant socio-economic benefits, particularly through the creation of employment opportunities for 250 citizens. Beyond job creation, the project is expected to stimulate local economic activities, enhance value addition in the construction sector, and contribute to the broader industrialization goals of the region.