Germany’s BSH looking to establish EUR 80 mn home appliances factory in Egypt

INVESTMENT WATCH- Germany’s BSH looking to establish EUR 80 mn home appliances factory: Germany’s Bosch und Siemens Hausgeräte (BSH) is studying constructing a EUR 80 mn water heater and stove manufacturing company in Egypt, Al Masry Al Youm reports. The factory would have a production capacity of 400k units per year. A delegation from BSH met last week with Industrial Development Authority head Ahmed Abdel Razek to discuss plans for the factory.