Egypt’s Ceramica Cleopatra to invest EGP 6 bn in two new factories next year

Ceramica Cleopatra Group is planning to invest EGP 6 bn next year to set up two new factories to manufacture porcelain and ceramic tiles, and healthcare products, Chairman Mohamed Aboul Enein said, according to the local press. The factories, which will be set up in Ain Sokhna and the 10 Ramadan City industrial zone, are expected to come online in 2021 and should raise the company’s production output by 50%, according to Aboul Enein.