ICT Minister Yasser El Kady inaugurated yesterday the first phase of HitekNofal Solutions and Hengtong Group’s USD 30 mn fiber optics factory in Badr City, according to an ICT Ministry statement. The new factory, which has an annual production capacity of 8,000 km, is expected to cover domestic demand for fiber cables and begin exporting to African markets by mid-2019. The company aims to source 80% of its materials for the manufacturing process from Egypt by 2021.

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