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Chinese USD 146 mn iron pipes factory breaks ground. PLUS: A Thai USD 20 mn sportswear factory in the works, EGP 100 mn home appliances factory for Egypt’s Tredco
The USD 20 mn clothing factory will be the first Thai industrial project in Egypt
Kastour teams up with China’s Foton to assemble electric buses. PLUS: Ashry Steel, Radwan, Mylerz, SODIC, RMBV
The buses will go to both public and privately-owned public transportation providers and the two companies
How the Madbouly government plans to boost industry in FY 2024-25
Manufacturing and local industry are expected to contribute 15% of GDP
Chinese steel factory opens in SCZone. PLUS: Elaraby and Taiwanese company to build AC factory, Public Enterprise Ministry mulls mineral extraction project
The factory has an annual production capacity of 25k tons of steel structures
International investment heats up Egypt’s home appliances sector
International companies are looking to turn Egypt into a manufacturing and export hub for home appliances, with several companies moving…
Egypt inks 14 agreements with Chinese firms during China-Egypt Zhejiang Economic Forum
The projects include a USD 800 mn fiberglass factory and a power generation center
Turkey’s DNM inks contract to set up denim factory. PLUS: News from Heliopolis Housing, InDrive, Air Arabia
DNM last month received approval to move forward with the denim factory
Gov’t plans for industrial zone development
Manufacturers want to see lower land prices in industrial zones
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