{"id":549595,"date":"2022-09-22T04:00:19","date_gmt":"2022-09-22T04:00:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/22\/taiwanese-a-c-manufacturer-elaraby-to-build-usd-33-mn-factory\/"},"modified":"2022-09-22T04:00:19","modified_gmt":"2022-09-22T04:00:19","slug":"taiwanese-a-c-manufacturer-elaraby-to-build-usd-33-mn-factory","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/22\/taiwanese-a-c-manufacturer-elaraby-to-build-usd-33-mn-factory\/","title":{"rendered":"Taiwanese A\/C manufacturer, Elaraby to build USD 33 mn factory"},"content":{"rendered":"

<\/a> Taiwanese manufacturer <\/strong>Rechi<\/a><\/strong> and Elaraby Group will partner to build a USD 33 <\/strong>mn A\/C compressor factory <\/strong>with an eventual annual production capacity of 6 mn units, cabinet said in a statement<\/a> yesterday. The factory is expected to start production in 2024 with an annual production capacity of 2 mn units. This will rise to 6 mn within five years.<\/p>\n

All part of the localization push: <\/strong>Local components will make up 50% of the product in a first stage, with more local parts to be incorporated later, the statement read. Around half of the factory\u2019s output has been earmarked for export to regional and international markets.<\/p>\n","protected":false},"excerpt":{"rendered":"

Taiwanese manufacturer Rechi and Elaraby Group will partner to build a USD 33 mn A\/C compressor factory with an eventual annual production capacity of 6 mn units, cabinet said in a statement yesterday. The factory is expected to start production in 2024 with an annual production capacity of 2 mn units. This will rise to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[2876,72,125,131,9225,2205,9224],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-549595","post","type-post","status-publish","format-standard","hentry","category-investment-watch","tag-elaraby-group","tag-enterpriseam","tag-investment-watch","tag-manufacturing","tag-rechi","tag-taiwan","tag-trade-and-supply-ministry","wpautop","entry"],"acf":{"mongo_id":"c4e82829-1d16-4800-8beb-5bf05e3fbc71","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[549585],"teaser":"","voice_url":""},"yoast_head":"\nTaiwanese A\/C manufacturer, Elaraby to build USD 33 mn factory - 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\/22\/taiwanese-a-c-manufacturer-elaraby-to-build-usd-33-mn-factory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Taiwanese A\/C manufacturer, Elaraby to build USD 33 mn factory\" \/>\n<meta property=\"og:description\" content=\"Taiwanese manufacturer Rechi and Elaraby Group will partner to build a USD 33 mn A\/C compressor factory with an eventual annual production capacity of 6 mn units, cabinet said in a statement yesterday. 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