Amid rising demand, what are the challenges facing the elevator industry in Egypt?
Elevators are mostly imported, but import + FX restrictions are making local manufacturing more critical
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Elevators are mostly imported, but import + FX restrictions are making local manufacturing more critical
The company is set to invest USD 35 mn in the project
The company has completed 95% of the EGP 1 bn project
Edita recently doubled its capex for the year to EGP 800 mn
The gov’t recently hiked private sector minimum wage by 11%
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DPI and Mediterrania Capital Partners are doing due diligence on the company
The real estate developer expects to draw EGP 85 bn in sales proceeds from the plot over a 5-7-year period
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