Sumitomo Electric Wiring Systems Egypt broke grounds on a new factory in 6 October City on Wednesday, according to Al Masry Al Youm. The factory’s investment value was not disclosed, but construction work is expected to be complete in March, with operations set to start in April, company executives told Prime Minister Mostafa Madbouly during a meeting in Cairo. They added that the company is interested in growing its local investments further. The company previously announced plans to invest EGP 100 mn in expanding its automotive wiring harness factory in Port Said.

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