{"id":549365,"date":"2022-09-14T04:03:53","date_gmt":"2022-09-14T04:03:53","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/"},"modified":"2022-09-14T04:03:53","modified_gmt":"2022-09-14T04:03:53","slug":"oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/","title":{"rendered":"Oppo set to assemble mobile phones in Egypt as Madbouly reviews investment pledges"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>All the industrial investment: <\/strong>Chinese mobile maker Oppo has inked an agreement to build a USD 20 mn factory in Egypt. The announcement came the same day Prime Minister Moustafa Madbouly met with nine foreign and local companies to follow up on pledges to invest more than USD 1 bn in new production facilities.<\/p>\n<p><strong>Oppo will set up a USD 20 mn mobile phone plant in Egypt <\/strong>under an agreement signed yesterday with the Communication Ministry\u2019s Information Technology Industry Development Agency (ITIDA), according to a <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0siG7Ay1Dj1mPCmD5ngfNZte9Qg18f43kGPAtqacssar65kgF1XrJjstLTi1dSLu5l\">cabinet statement<\/a>. The facility will have an initial production capacity of 4.5 mn devices per year and create some 900 jobs within the next three to five years, with the potential to expand further according to market demand, according to the statement. The move comes as part of ITIDA\u2019s <a href=\"https:\/\/itida.gov.eg\/English\/Programs\/EgyptMakesElectronics\/Pages\/default.aspx\">Egypt Makes Electronics<\/a> initiative, which aims to position Egypt as a regional hub for electronics assembly. The ministry in March <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1cbf8775-edcc-4d62-b0f0-f1a9c0b0e0b7\">discussed<\/a> setting up a factory with the Chinese firm, which is a <a href=\"https:\/\/www.idc.com\/getdoc.jsp?containerId=prMETA47564421\">dominant player<\/a> in the local mobile market and has been eyeing opening a factory from <a href=\"https:\/\/enterprise.press\/stories\/2017\/09\/26\/oppo-interested-in-establishing-phone-assembly-in-egypt\/\">as far back<\/a> as 2017.<\/p>\n<p><strong>This is the third multinational phone manufacturer to have signed an agreemen<\/strong><strong>t to set <\/strong><strong>up shop in Egypt in recent months<\/strong>, following <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/eb308427-70f6-493e-ad5b-a8e2a87784f9\">Vivo<\/a> and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a0bdf89a-290e-43aa-bc76-637c902ac0a7\">HMD Global<\/a>. Between them, the three companies will invest USD 75 mn and produce some 16 mn phones every year, Communications Minister Amr Talaat told Kelma Akhira\u2019s Lamis El Hadidi last night (<a href=\"https:\/\/www.youtube.com\/watch?v=RjSODuszo9c\">watch, runtime: 2:26<\/a>). Companies will be required to source at least 40% of the components from local suppliers, the minister said in a separate interview on Ala Mas\u2019ouleety (<a href=\"https:\/\/www.youtube.com\/watch?v=ItGkaXbhwBk\">watch, runtime: 3:33<\/a>).<\/p>\n<p><strong>MEANWHILE- Prime Minister Moustafa Madbouly followed up on more than USD 1 bn worth of MoUs for industrial investment by nine foreign and local manufacturers <\/strong>amid the state\u2019s localization push, <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0v8VBFxSjupeXYjqP8H1ntPyBAzY2vy1aX89Z5adQApbptHagkPCFoeYQQ8wTUPXCl\">cabinet said<\/a>. The government is ready to issue licenses for the projects, Madbouly said, offering the investors a helping hand to overcome any obstacles and get the new factories up and running. The factories are set to create more than 35k jobs combined, he added.<\/p>\n<p><strong>Companies shared updates on the projects:<\/strong><\/p>\n<ul>\n<li><strong>Emirati fertilizer company CFC Group<\/strong> will start contracting in February for its <strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d4a71383-920c-4343-b424-81c95ba095f0\">USD 400 mn industrial complex<\/a><\/strong> in Qena Governorate.<\/li>\n<li><strong>Japanese conglomerate Sumitomo<\/strong> will start work on <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cc1bf114-7cbc-4dd3-981d-55f926b15983\">its<\/a><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cc1bf114-7cbc-4dd3-981d-55f926b15983\">huge factory<\/a><\/strong> in Tenth of Ramadan City in the next three months. The facility will be the largest of its kind in the world, and will produce pigtail cables used in cars and cable harnesses.<\/li>\n<li><strong>Local pharma firm Gennecs<\/strong> asked the PM for help obtaining licenses for its <strong>USD 150 mn <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f01bc08d-2b31-4f31-8e63-a7b4cba6fa8f\">vaccine manufacturing facility<\/a><\/strong>. Madbouly said he would discuss the issue with the national meds regulator.<\/li>\n<li><strong>Chinese appliance manufacturer Haier Electrics <\/strong>has obtained land for its <strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/358b6591-3db7-4fa1-bb2f-de2e69e31cc8\">USD 130 mn industrial complex<\/a><\/strong> to produce household appliances, with a first USD 80 mn phase set to launch in 2024.<\/li>\n<li><strong>Turkish retailer Beko<\/strong> has set up a company to build a USD 100 mn <strong><a href=\"https:\/\/alborsaanews.com\/2022\/09\/13\/1576410\">refrigerator and oven<\/a><\/strong><strong> plant <\/strong>in Tenth of Ramadan, with production to start within a year.<\/li>\n<li><strong>Japanese auto parts maker Yazaki<\/strong> is waiting to receive land to start building a <strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/db106dc9-4443-4ad1-9dee-0c54c9df6cf1\">EUR 20 mn factory in Fayoum<\/a><\/strong> that will export auto parts under freezone rules. Operations are set to kick off in December 2024.<\/li>\n<li><strong>Italian chemical producer Mapei<\/strong> has begun building a <strong>USD 20 mn chemical and insulation materials <\/strong><strong><a href=\"https:\/\/enterprise.press\/stories\/2019\/02\/20\/major-italian-companies-looking-to-increase-investments-in-egypt\/\">factory<\/a><\/strong>, which is on track to begin operations in 3Q 2023.<\/li>\n<li><strong>Local clothes manufacturer Alex Apparel<\/strong> is developing <strong><a href=\"https:\/\/alborsaanews.com\/2022\/09\/13\/1576424\">two clothing factories<\/a><\/strong> it acquired earlier this year to bring them up to European quality standards and increase annual output to more than 33 mn garments, with operations slated to begin in 2023.<\/li>\n<li><strong>IT infrastructure contractor Benya Group<\/strong> has so far invested some EGP 750 mn and completed 90% of construction for the first phase of its <strong>EGP 1 bn <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cf67f52d-e663-4d4d-943d-bd3036936e4c\">fiber optic cable plant<\/a><\/strong>, which is set to launch in November.<\/li>\n<\/ul>\n<p><strong>ALSO WORTH NOTING- <\/strong><strong>The Suez Canal Economic Zone (SCZone)<\/strong><strong> approved<\/strong><strong> a <\/strong><strong>proposal to grant five-year residency permits to investors<\/strong> in the zone in a bid to help improve the investment climate, according to an <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02WKJfTbQsPdY9goy6BThUDhG6UA9GR3qz9pjxzFhARx14Yqcm72jtZdKswmRUcL6Ql\">SCZone statement.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>All the industrial investment: Chinese mobile maker Oppo has inked an agreement to build a USD 20 mn factory in Egypt. The announcement came the same day Prime Minister Moustafa Madbouly met with nine foreign and local companies to follow up on pledges to invest more than USD 1 bn in new production facilities. Oppo [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":549366,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7272],"tags":[2434,2431,2430,2227,72,2328,2432,7196,125,1635,131,2433,2429,1627],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-549365","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-alex-apparels","tag-beko","tag-benya-group","tag-cfc-group","tag-enterpriseam","tag-gennecs","tag-haier","tag-industry","tag-investment-watch","tag-itida","tag-manufacturing","tag-mapei","tag-sumitomo","tag-yazaki","wpautop","entry"],"acf":{"mongo_id":"e37a9c1a-0a2a-4b03-8262-f38319d05977","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/9\/215.jpg","photo_position":"above","related_issue":[549359],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Oppo set to assemble mobile phones in Egypt as Madbouly reviews investment pledges - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oppo set to assemble mobile phones in Egypt as Madbouly reviews investment pledges\" \/>\n<meta property=\"og:description\" content=\"All the industrial investment: Chinese mobile maker Oppo has inked an agreement to build a USD 20 mn factory in Egypt. The announcement came the same day Prime Minister Moustafa Madbouly met with nine foreign and local companies to follow up on pledges to invest more than USD 1 bn in new production facilities. Oppo [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-14T04:03:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/215.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Oppo set to assemble mobile phones in Egypt as Madbouly reviews investment pledges\",\"datePublished\":\"2022-09-14T04:03:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/\"},\"wordCount\":677,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/215.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Alex Apparels\",\"Beko\",\"Benya Group\",\"CFC Group\",\"EnterpriseAM\",\"Gennecs\",\"Haier\",\"industry\",\"investment watch\",\"ITIDA\",\"Manufacturing\",\"Mapei\",\"Sumitomo\",\"Yazaki\"],\"articleSection\":[\"Investment Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/\",\"name\":\"Oppo set to assemble mobile phones in Egypt as Madbouly reviews investment pledges - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/215.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2022-09-14T04:03:53+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/215.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/215.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Oppo set to assemble mobile phones in Egypt as Madbouly reviews investment pledges\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Oppo set to assemble mobile phones in Egypt as Madbouly reviews investment pledges - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/","og_locale":"en_US","og_type":"article","og_title":"Oppo set to assemble mobile phones in Egypt as Madbouly reviews investment pledges","og_description":"All the industrial investment: Chinese mobile maker Oppo has inked an agreement to build a USD 20 mn factory in Egypt. The announcement came the same day Prime Minister Moustafa Madbouly met with nine foreign and local companies to follow up on pledges to invest more than USD 1 bn in new production facilities. Oppo [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-09-14T04:03:53+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/215.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Oppo set to assemble mobile phones in Egypt as Madbouly reviews investment pledges","datePublished":"2022-09-14T04:03:53+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/"},"wordCount":677,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/215.jpg?fit=%2C&ssl=1","keywords":["Alex Apparels","Beko","Benya Group","CFC Group","EnterpriseAM","Gennecs","Haier","industry","investment watch","ITIDA","Manufacturing","Mapei","Sumitomo","Yazaki"],"articleSection":["Investment Watch"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/","name":"Oppo set to assemble mobile phones in Egypt as Madbouly reviews investment pledges - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/215.jpg?fit=%2C&ssl=1","datePublished":"2022-09-14T04:03:53+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/215.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/215.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/oppo-set-to-assemble-mobile-phones-in-egypt-as-madbouly-reviews-investment-pledges\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Oppo set to assemble mobile phones in Egypt as Madbouly reviews investment pledges"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/215.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/215.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/215.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":554121,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/21\/nestle-ups-investment-packaging-manufacturer-uflex-opening-here\/","url_meta":{"origin":549365,"position":0},"title":"Nestl\u00e9 ups investment, packaging manufacturer Uflex opening here","author":"enterpriseam admin","date":"21 December 2021","format":false,"excerpt":"Nestl\u00e9 Egypt is investing EGP 700 mn in new production lines at its Sixth of October factory between 2021 and 2025, CEO Moataz El Hout said during Prime Minister Moustafa Madbouly\u2019s visit to the facility yesterday, according to a cabinet statement. The company has already invested EGP 100 mn of\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/433.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":553525,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/edita-starts-operations-at-morocco-factory\/","url_meta":{"origin":549365,"position":1},"title":"Edita starts operations at Morocco factory","author":"enterpriseam admin","date":"7 December 2021","format":false,"excerpt":"Edita Food Industries has started operations at its new production facility in Morocco, the company announced in a statement (pdf) on Sunday. The plant is the company\u2019s first greenfield investment outside of Egypt and makes the company\u2019s transformation into a manufacturer that exports to a host of regional markets into\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/244.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558208,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/01\/egyptian-startups-raise-26-of-mena-funding-in-1h2021\/","url_meta":{"origin":549365,"position":2},"title":"Egyptian startups raise 26% of MENA funding in 1H2021","author":"enterpriseam admin","date":"1 August 2021","format":false,"excerpt":"Egyptian startups landed some USD 194 mn in venture capital finance in the first half of this year and accounted for 26% of all transactions inked across MENA in the same time period, ITIDA CEO Amr Mahfouz said last week in a statement (pdf). Mahfouz said in public comments that\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/37.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555756,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/","url_meta":{"origin":549365,"position":3},"title":"Coca-Cola HBC to spend USD 1 bn on Egypt expansion over 5 years","author":"enterpriseam admin","date":"25 November 2021","format":false,"excerpt":"Coca-Cola Hellenic Bottling Company (HBC) is looking to invest USD 1 bn in the Egyptian market over the next five years following its acquisition of Coca-Cola Bottling Company of Egypt (CCBCE), CEO Ahmed Afify told PM Moustafa Madbouly yesterday, according to a cabinet statement. The money will go towards building\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/599.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":581614,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/16\/pm-madbouly-meets-turkish-companies-to-drum-up-investment\/","url_meta":{"origin":549365,"position":4},"title":"PM Madbouly meets Turkish companies to drum up investment","author":"enterpriseam admin","date":"16 February 2023","format":false,"excerpt":"INVESTMENT-Mending ties with Turkey through FDI: Representatives of a number of Turkish companies met with Prime Minister Moustafa Madbouly yesterday, where they discussed plans to invest a combined USD 500 mn to expand their activities here, according to a cabinet statement. The meeting with Turkish investors was \u201cthe first of\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/money-1600-1.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":581983,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/28\/egypt-qatar-sign-double-taxation-agreement-al-thani-pledges-investment-in-the-coming-period\/","url_meta":{"origin":549365,"position":5},"title":"Egypt-Qatar sign double taxation agreement + Al Thani pledges investment \u2018in the coming period\u201d","author":"enterpriseam admin","date":"28 February 2023","format":false,"excerpt":"Egypt + Qatar sign dual taxation elimination agreement to boost investment: Egypt and Qatar yesterday signed an agreement to eliminate double taxation and crack down on tax evasion, cabinet said in a statement yesterday. The treaty covers capital gains, income, corporate profits, interest and dividends, and was signed during Prime\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/madbouly-tamim-1600px.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/549365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=549365"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/549365\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/549359"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/549366"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=549365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=549365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=549365"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=549365"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=549365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}