{"id":579256,"date":"2023-01-31T04:12:48","date_gmt":"2023-01-31T04:12:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/31\/more-fdi-for-local-electronics-assembly\/"},"modified":"2023-01-31T04:12:48","modified_gmt":"2023-01-31T04:12:48","slug":"more-fdi-for-local-electronics-assembly","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/31\/more-fdi-for-local-electronics-assembly\/","title":{"rendered":"More FDI for local electronics assembly?"},"content":{"rendered":"

MANUFACTURING-<\/strong><\/p>\n

<\/a> Good news for our electronics localization drive? <\/strong>Chinese electronics and household appliance manufacturer Hisense<\/a> is in talks with the government to assemble its products locally, Al Mal reports<\/a> citing unnamed sources in the telecoms sector. Hisense in 2021 entered a partnership<\/a> with El Araby Group to launch a home appliance assembly line here, with plans to invest USD 170 mn.<\/p>\n

ARMED FORCES-<\/strong><\/p>\n

The military has been allocated desert land stretching 2 km on either side of 31 <\/strong>new roads, <\/strong>according to a decree by President Abdel Fattah El Sisi that was published in the Official Gazette. The General Authority for Urban Planning will take responsibility for planning the development of the allocated areas.<\/p>\n

RENEWABLE ENERGY-<\/strong><\/p>\n

SolarizEgypt is looking to invest USD 100 mn in Egypt over the next three yea<\/strong>rs<\/strong>, founder and managing director Yaseen Abdel Ghaffar reportedly told Al Mal<\/a>. We can also expect to see Solariz expand its presence in Africa, with Abdel Ghaffar noting the company\u2019s interest in entering Kenya, Tanzania and South Africa this year.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANUFACTURING- Good news for our electronics localization drive? Chinese electronics and household appliance manufacturer Hisense is in talks with the government to assemble its products locally, Al Mal reports citing unnamed sources in the telecoms sector. Hisense in 2021 entered a partnership with El Araby Group to launch a home appliance assembly line here, with […]<\/p>\n","protected":false},"author":1,"featured_media":579257,"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":[7209],"tags":[3100,111,72,103,7111,125,151,1064],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-579256","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-admazad","tag-also-on-our-radar","tag-enterpriseam","tag-fdi","tag-infrastructure","tag-investment-watch","tag-renewables","tag-solarizegypt","wpautop","entry"],"acf":{"mongo_id":"55f0f07b-9bbc-40bb-b4c0-dd66091136ab","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/1\/542.jpg","photo_position":"above","related_issue":[579235],"teaser":"","voice_url":""},"yoast_head":"\nMore FDI for local electronics assembly? - 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\/2023\/01\/31\/more-fdi-for-local-electronics-assembly\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More FDI for local electronics assembly?\" \/>\n<meta property=\"og:description\" content=\"MANUFACTURING- Good news for our electronics localization drive? Chinese electronics and household appliance manufacturer Hisense is in talks with the government to assemble its products locally, Al Mal reports citing unnamed sources in the telecoms sector. 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El Sisi used the occasion to talk talk bilateral relations with regional leaders and\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":660823,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/18\/hisense-fbb-break-ground-on-usd-38-mn-factory\/","url_meta":{"origin":579256,"position":1},"title":"Hisense, FBB break ground on USD 38 mn factory","author":"enterpriseam admin","date":"18 February 2025","format":false,"excerpt":"PLUS- Production from Eni\u2019s Noor field set to go live by mid-2026","rel":"","context":"In "Also on our Radar"","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\/2025\/2\/1731.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577680,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/01\/hsbc-egypts-todd-wilcox-on-why-we-should-invest-in-ev-manufacturing\/","url_meta":{"origin":579256,"position":2},"title":"HSBC Egypt\u2019s Todd Wilcox on why we should invest in EV manufacturing","author":"enterpriseam admin","date":"1 December 2022","format":false,"excerpt":"We recently had breakfast with 20 top CEOs to talk about why exports and FDI are key to our economy going forward. 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