{"id":571807,"date":"2020-06-01T04:38:24","date_gmt":"2020-06-01T04:38:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/samsung-is-planning-to-invest-usd-84-mn-in-egypt-over-the-next-five-years\/"},"modified":"2020-06-01T04:38:24","modified_gmt":"2020-06-01T04:38:24","slug":"samsung-is-planning-to-invest-usd-84-mn-in-egypt-over-the-next-five-years","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/samsung-is-planning-to-invest-usd-84-mn-in-egypt-over-the-next-five-years\/","title":{"rendered":"Samsung is planning to invest USD 84 mn in Egypt over the next five years"},"content":{"rendered":"

<\/a> INVESTMENT WATCH- Samsung is planning to invest USD 84 mn in Egypt over <\/strong>the next five years<\/strong>, including USD 23 mn for a new production line to assemble computers that is expected to go online in August, Samsung Egypt Chairman Choonki Kwon said yesterday during a meeting with GAFI boss Mohamed Abdel Wahab, Hapi Journal reports<\/a>. Choonki did not disclose what the remaining investment is earmarked for. Samsung is looking to use Egypt as a regional production and export hub for the Middle East, Europe, and Africa, according to the newspaper. Samsung currently exports 85% of its output from its Beni Suef facility to African and European markets.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Samsung is planning to invest USD 84 mn in Egypt over the next five years, including USD 23 mn for a new production line to assemble computers that is expected to go online in August, Samsung Egypt Chairman Choonki Kwon said yesterday during a meeting with GAFI boss Mohamed Abdel Wahab, Hapi Journal […]<\/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":[8572],"tags":[5218,72,461,3518,131,577,2380,639,5217],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571807","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-choonki-kwon","tag-enterpriseam","tag-gafi","tag-local-assembly","tag-manufacturing","tag-samsung","tag-speed-round","tag-technology","tag-television-screens","wpautop","entry"],"acf":{"mongo_id":"b01a6344-b345-4b4e-a066-6d54effaa60b","is_powered_by":true,"section_story_id":"3ccf7b90-2727-4961-9d8f-15a3f0b67a45","story_type":"1","photo_url":"","photo_position":"above","related_issue":[571798],"teaser":"","voice_url":""},"yoast_head":"\nSamsung is planning to invest USD 84 mn in Egypt over the next five years - 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\/2020\/06\/01\/samsung-is-planning-to-invest-usd-84-mn-in-egypt-over-the-next-five-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Samsung is planning to invest USD 84 mn in Egypt over the next five years\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Samsung is planning to invest USD 84 mn in Egypt over the next five years, including USD 23 mn for a new production line to assemble computers that is expected to go online in August, Samsung Egypt Chairman Choonki Kwon said yesterday during a meeting with GAFI boss Mohamed Abdel Wahab, Hapi Journal […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/samsung-is-planning-to-invest-usd-84-mn-in-egypt-over-the-next-five-years\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-01T04:38:24+00:00\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/samsung-is-planning-to-invest-usd-84-mn-in-egypt-over-the-next-five-years\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/samsung-is-planning-to-invest-usd-84-mn-in-egypt-over-the-next-five-years\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Samsung is planning to invest USD 84 mn in Egypt over the next five years\",\"datePublished\":\"2020-06-01T04:38:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/samsung-is-planning-to-invest-usd-84-mn-in-egypt-over-the-next-five-years\/\"},\"wordCount\":119,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Choonki Kwon\",\"EnterpriseAM\",\"GAFI\",\"Local assembly\",\"Manufacturing\",\"Samsung\",\"SPEED ROUND\",\"technology\",\"Television screens\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/samsung-is-planning-to-invest-usd-84-mn-in-egypt-over-the-next-five-years\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/samsung-is-planning-to-invest-usd-84-mn-in-egypt-over-the-next-five-years\/\",\"name\":\"Samsung is planning to invest USD 84 mn in Egypt over the next five years - 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