Two projects worth a combined USD 210 mn kick off operations in Ain Sokhna: China’s state-owned Xinxing Ductile Iron Pipes Company inaugurated its USD 150 mn ductile iron pipes plant in the Sokhna Industrial Zone yesterday, while Turkish sanitary product company Hayat inaugurated a USD 60 mn project in the zone, according to a cabinet statement.

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ABOUT THE DUCTILE IRON PIPES PLANT-

Xinxing’s factory has a production capacity of 250k tons of ductile iron pipes a year, according to a separate statement. It will offer 700 direct jobs and 220 indirect ones. The project will “contribute to reducing Egypt's import bill for ductile iron pipes — essential components in national infrastructure, utility, and housing projects,” Prime Minister Moustafa Madbouly said.

REMEMBER- Xinxing began constructing the factory in the TEDA industrial park in May of last year.

Demand is high: Xinxing inked four supply agreements worth EGP 34.5 bn to supply over 77.6k tons of ductile iron pipes on the sidelines of the inauguration — EGP 32.5 bn of the supply will go to national projects in Egypt, and USD 39 mn will be exported.

The four contracts: Xinxing will supply state-owned construction firm Arab Contractors with 1.1k tons of ductile iron pipes for a water station in the new capital; Madkour Group with 27.8k tons of pipes for its Janna Project; Hassan Allam Trading and Engineering with 19.6k tons of pipes for a project in Aswan; and Concord with 29.2k tons of pipes for the Third Ring Road project in KSA.

AS FOR HAYAT’S PROJECT-

Hayat’s tissue paper factory has an annual production capacity of 60k tons and offers 200 direct jobs, according to a separate statement. The factory expands an already-existing plant the company had set up in Ain Sokhna.

The plant will be fully export-oriented, with annual export sales expected to come in at USD 75 mn.

The new plant brings Hayat’s total investments in Egypt to USD 632 mn, making it the largest Turkish investor in the country, according to a statement (pdf) from the company. The Turkish player is positioning Egypt as a regional manufacturing and export hub serving more than 60 markets.

And more investments in the pipeline: Hayat is planning to bring two new factories online in Egypt — one by 1Q 2026 and another in late 2026, Hayat Egypt’s General Manager Şenol Keserlioğlu told EnterpriseAM. The first will focus exclusively on exports, while the second will split its output between domestic and export markets, he said without disclosing further details.

Turkey sees Egypt as a top investment destination, Turkish Ambassador to Egypt Salih Mutlu Şen said on the sidelines of the inauguration ceremony. Turkish companies are planning to invest USD 500 mn in Egypt this year, around 60% of which is earmarked for the textile and apparel sector.

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