{"id":630960,"date":"2018-03-06T04:15:21","date_gmt":"2018-03-06T04:15:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/sumitomo-electric-to-invest-egp-100-mn-to-expand-its-port-said-factory\/"},"modified":"2018-03-06T04:15:21","modified_gmt":"2018-03-06T04:15:21","slug":"sumitomo-electric-to-invest-egp-100-mn-to-expand-its-port-said-factory","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/sumitomo-electric-to-invest-egp-100-mn-to-expand-its-port-said-factory\/","title":{"rendered":"Sumitomo Electric to invest EGP 100 mn to expand its Port Said factory"},"content":{"rendered":"<p><strong>INVESTMENT WATCH- Sumitomo Electric Wiring Systems Egypt is planning to invest EGP 100 mn<\/strong> to expand its automotive wiring harness factory in Port Said, the company\u2019s Managing Director Ahmed Magdy said, <a href=\"http:\/\/almalnews.com\/Story\/367629\/15\/%D8%B3%D9%88%D9%85%D9%8A%D8%AA%D9%88%D9%85%D9%88-%D8%A7%D9%84%D9%8A%D8%A7%D8%A8%D8%A7%D9%86%D9%8A%D8%A9-%D8%AA%D8%B6%D8%AE-100-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AC%D9%86%D9%8A%D9%87-%D9%84%D8%AA%D9%88%D8%B3%D8%B9%D8%A7%D8%AA-%D9%85%D8%B5%D9%86%D8%B9-%D8%A8%D9%88%D8%B1%D8%B3%D8%B9%D9%8A%D8%AF\">Al Mal reports<\/a>. The Japanese-British firm recently inaugurated a new EGP 1 bn production line at its 6 October City factory, bringing the company\u2019s total investments in Egypt to EGP 6.5 bn, Magdy notes. The company also has an \u201cambitious\u201d plan to add new production lines across its facilities in Egypt, Magdy said, without providing further details.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- Sumitomo Electric Wiring Systems Egypt is planning to invest EGP 100 mn to expand its automotive wiring harness factory in Port Said, the company\u2019s Managing Director Ahmed Magdy said, Al Mal reports. The Japanese-British firm recently inaugurated a new EGP 1 bn production line at its 6 October City factory, bringing the company\u2019s [&hellip;]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630960","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"ddda3512-7b4c-4e3a-a838-7906a4a45bdd","order":"0","is_powered_by":true,"section_story_id":"671268d0-8d1e-47d7-ab91-439d9ff35cc6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630944],"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>Sumitomo Electric to invest EGP 100 mn to expand its Port Said 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\/2018\/03\/06\/sumitomo-electric-to-invest-egp-100-mn-to-expand-its-port-said-factory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sumitomo Electric to invest EGP 100 mn to expand its Port Said factory\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Sumitomo Electric Wiring Systems Egypt is planning to invest EGP 100 mn to expand its automotive wiring harness factory in Port Said, the company\u2019s Managing Director Ahmed Magdy said, Al Mal reports. The Japanese-British firm recently inaugurated a new EGP 1 bn production line at its 6 October City factory, bringing the company\u2019s [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/sumitomo-electric-to-invest-egp-100-mn-to-expand-its-port-said-factory\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-06T04:15:21+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/sumitomo-electric-to-invest-egp-100-mn-to-expand-its-port-said-factory\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/sumitomo-electric-to-invest-egp-100-mn-to-expand-its-port-said-factory\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Sumitomo Electric to invest EGP 100 mn to expand its Port Said factory\",\"datePublished\":\"2018-03-06T04:15:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/sumitomo-electric-to-invest-egp-100-mn-to-expand-its-port-said-factory\/\"},\"wordCount\":98,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/sumitomo-electric-to-invest-egp-100-mn-to-expand-its-port-said-factory\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/sumitomo-electric-to-invest-egp-100-mn-to-expand-its-port-said-factory\/\",\"name\":\"Sumitomo Electric to invest EGP 100 mn to expand its Port Said factory - 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Production will be earmarked for both for the local market and for export to Europe, a cabinet statement said. 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The factory will produce pigtail cables\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/229.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":641031,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/11\/sumitomo-electric-wiring-systems-egypt-opens-second-plant-in-egypt\/","url_meta":{"origin":630960,"position":2},"title":"Sumitomo Electric Wiring Systems Egypt opens second plant in Egypt","author":"enterpriseam admin","date":"11 September 2017","format":false,"excerpt":"Japanese-British firm Sumitomo Electric Wiring Systems Egypt opened its second EGP 200 mn automotive electric wiring systems factory yesterday, according to an Investment Ministry statement. The plant brings the company\u2019s total investments in Egypt to EGP 5.4 bn.","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627316,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/29\/sumitomo-electric-wiring-systems-breaks-ground-on-6-october-city-factory\/","url_meta":{"origin":630960,"position":3},"title":"Sumitomo Electric Wiring Systems breaks ground on 6 October City factory","author":"enterpriseam admin","date":"29 July 2018","format":false,"excerpt":"Sumitomo Electric Wiring Systems Egypt broke grounds on a new factory in 6 October City on Wednesday, according to Al Masry Al Youm. The factory\u2019s investment value was not disclosed, but construction work is expected to be complete in March, with operations set to start in April, company executives told\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":587927,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/04\/sumitomo-electric-breaks-ground-on-pigtails-cable-factory-plus-lighthouse-education-rameda-pharma-new-tourism-figures\/","url_meta":{"origin":630960,"position":4},"title":"Sumitomo Electric breaks ground on pigtails cable factory. 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