{"id":656082,"date":"2024-11-28T00:00:00","date_gmt":"2024-11-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/"},"modified":"2024-11-28T00:00:00","modified_gmt":"2024-11-28T00:00:00","slug":"czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/","title":{"rendered":"Czech\u2019s HPC, Egypt\u2019s Treegas to build EUR 10 mn fiberglass cylinder factory. PLUS: Onasolar, Scatec, Pfizer, Ever Pharma, Roche, Paymob + Homzmart"},"content":{"rendered":"<p class=\"tag-border-left\">MANUFACTURING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Egyptian, Czech firms to build EUR 10 mn fiberglass cylinder factory: <\/strong>Local firm Treegas has signed an MoU with Czech company HPC that will see the firms establish a factory to localize the manufacturing and filling of fiberglass LPG cylinders in the Sokhna Industrial Zone, with planned investments of EUR 10 mn split over two phases, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/SCZONE.EG\/posts\/pfbid02ZQD3vGgnTCHvdVsFFuk23pKkLrDDaFbmsVcaRz11mcPpfDHjCopyhUXNsQsrDimHl\" style=\"\" rel=\"noopener\">statement<\/a> from the Suez Canal Economic Zone. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The breakdown: <\/strong>The first phase will see investments of EUR 7 mn, contributing to an annual production capacity of 500k cylinders. The remaining EUR 3 mn will be seen in the second phase of the project set to include a filling station and a production line for valves and regulators.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Treegas also signed a supply and purchase agreement with Omani firm Muscat Gas,<\/strong> which will distribute all Trigas products in Jordan and Gulf countries.<\/p>\n<p class=\"tag-border-left\">RENEWABLES- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Egypt to partially pay Scatec in EGP: <\/strong>The Madbouly government has reached an agreement with Norwegian renewables developer Scatec partially pay for the electricity purchased under the 25-year power purchase agreement inked with the Egyptian Electricity Transmission Company for its planned <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9360246d-a2fd-4dca-b680-1894ddb9a003\/scatec-to-set-up-egypt%E2%80%99s-first-hybrid-solar-%2B-battery-plant\" style=\"\" rel=\"noopener\">1 GW solar and 100-200 MWh battery storage hybrid project<\/a> in local currency, <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/power\/61764\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%AA%D9%81%D9%82-%D9%85%D8%B9-%D8%B4%D8%B1%D9%83%D8%A9-%D8%B3%D9%83%D8%A7%D8%AA%D9%83-%D8%B9%D9%84%D9%89-%D8%B3%D8%AF%D8%A7%D8%AF-%D9%86%D8%B5%D9%81-%D9%85%D8%B4%D8%AA%D8%B1%D9%8A%D8%A7%D8%AA-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1-%D8%A8%D8%A7%D9%84%D8%AC%D9%86%D9%8A%D9%87\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reports, citing two unnamed government officials. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The breakdown:<\/strong> The agreement would see the government make 50% of its payments in EGP for the first three years then pay 25% in EGP and 75% in USD for the remaining duration of the agreement. The agreement sets the electricity purchase price at USD 0.023 cents per KW hour, one of the sources said. Scatec is expected to break ground on the project in 1H 2025 and Asharq Business\u2019 sources see the project kick off operations early 2026. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Onasolar to help projects go green: <\/strong>Local solar energy firm Onasolar will bring 144 MW worth of solar energy online during the first half of 2025, a company official told <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2024\/11\/27\/-%D8%A3%D9%88%D9%86%D8%A7-%D8%B3%D9%88%D9%84%D8%A7%D8%B1-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D8%AA%D9%86%D9%81%D8%B0-3-%D9%85%D8%B4%D8%B1%D9%88%D8%B9%D8%A7%D8%AA-%D8%B7%D8%A7%D9%82%D8%A9-%D8%B4%D9%85%D8%B3%D9%8A%D8%A9-%D8%A8%D9%82%D8%AF%D8%B1%D8%A9-144-%D9%85%D9%8A%D8%BA%D8%A7%D9%88%D8%A7%D8%B7\" style=\"\" rel=\"noopener\">Al Arabiya<\/a>. The projects include a 100 MW plant in West Sohag for the Electricity Ministry, a 40 MW plant in Wadi El Natrun to feed a 37k feddan agricultural project, and a 4 MW solar project at Cairo International Airport.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Also in the pipeline: <\/strong>Onasolar plans to set up up to 1 GW worth of solar projects in partnership with the Electricity Ministry, add a fourth production electrical transformers line to its facilities, and eventually tap the Sudanese, Libyan, and Iraqi markets. <\/p>\n<p class=\"tag-border-left\">HEALTHCARE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Another step forward for the gov\u2019t\u2019s vaccine localization efforts:<\/strong> The government has launched its National Strategy for the Localization of Vaccine Manufacturing, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02EwqfcgtZfLmzuCzTig2LNnib2rdW1UUGv38rcyjujM694DTjEiMPvFeitYr8nwXal\" style=\"\" rel=\"noopener\">statement<\/a> from the Health Ministry. The strategy will involve long term contracts to secure a stable market for local vaccine manufacturers, and will focus on aiding firms operating in the sector through the transfer of tech capabilities, capacity building, and support for scientific research, alongside financial incentives such as tax exemptions and support for new investments, the statement reads.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The anticipated outcomes of the strategy include <\/strong>increased local production to meet national needs, increased exports to African countries, reduced spending on vaccine imports, improved local production quality, and increased global competitiveness, according to the statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember:<\/strong> The government is planning to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/133ed8d5-8cd9-4468-9405-4358adaf7410\/gov%25e2%2580%2599t-targeting-50%2525-vaccine-localization-by-2030.-plus:-flydubai,-e-finance-%2B-cassava,-ezz-steel\" style=\"\" rel=\"noopener\">localize 50% of all vaccine production by 2030<\/a>. There will then be efforts to increase this to 75% by 2035 and full self-sufficiency by 2040.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Egypt <\/strong><strong>Healthcare <\/strong><strong>Authority inks collaboration agreements with Pfizer, Ever Pharma:<\/strong> The Egypt Healthcare Authority oversaw the signing of strategic cooperation agreements with Pfizer and Ever Pharma, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0bag5Ewvs6adwmz753LLzcNeAjDBNrMWwTmyR3Vo2eBvMKNAi7grvr9U6p3wwqRh3l\" style=\"\" rel=\"noopener\">statement<\/a> from the authority. The agreement with Pfizer aims at improving bacterial diagnostics and optimizing antibiotic use, while the collaboration with Ever Pharma will focus on raising awareness and improving early treatment for neurological conditions, with the ultimate aim of improving treatment outcomes and reducing the economic burden on hospitals.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Roche and Egyptian<\/strong><strong> Healthcare Authority sign a partnership to boost healthcare:<\/strong> Roche Diagnostics and Roche Pharmaceuticals have signed a tripartite cooperation agreement with the Egypt Healthcare Authority to advance digital pathology and data governance, according to an authority <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02nY4HVcSP5btkYDGcWtC7A9CakuBSqcBY42QGDZvYnPn6WJszaL7Mu4dh1eqjoG5fl\" style=\"\" rel=\"noopener\">statement<\/a>. The agreement aims to improve patient outcomes and enhance healthcare services in Egypt through the implementation of advanced technology and collaboration with global hospitals.<\/p>\n<p class=\"tag-border-left\">REAL ESTATE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Landma<\/strong><strong>rk Developments to launch an EGP 10 bn project in Sheikh Zayed:<\/strong> Real estate firm Landmark Developments is planning on launching an EGP 10 bn residential project in Sheikh Zayed, from which it is targeting some EGP 15 bn in sales, <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2024\/11\/27\/1848412\" style=\"\" rel=\"noopener\">Al Borsa<\/a> quotes Landmark Developments CEO Amr Sultan as saying. The firm has obtained loans totalling around EGP 1.5 bn to finance the project, with the company currently relying on both self-financing and bank loans to complete its projects, Sultan added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Landmark Developments has been busy as of late:<\/strong> The firm is also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a2d0b689-e055-458e-a147-05585521e779\/chinese-automaker-faw-to-return-to-the-market-with-new-local-agent.-plus:-arab-contractors,-orascom-investment,-icon,--wadi-degla%253cmark%253e-developments%253c%2Fmark%253e,-mg-development,-egypt-castings\" style=\"\" rel=\"noopener\">planning<\/a> on launching another residential project \u2014 dubbed STEI8HT \u2014 in New Cairo, for which it received a separate EGP 2.8 bn loan from a Banque Misr-led consortium with EG Bank and the Suez Canal Bank. <\/p>\n<p class=\"tag-border-left\">EXPANSION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PayMob, Homzmart eye GCC expansion under new partnership <\/strong>Local fintech startup Paymob and online furniture marketplace Homzmart have signed a memorandum of understanding to work together in Egypt and explore expansions into GCC countries that include the UAE, Saudi Arabia, and Oman, the companies said in a joint <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/11\/2626.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The first phase will see investments of EUR 7 mn, contributing to an annual production capacity of 500k cylinders<\/p>\n","protected":false},"author":1,"featured_media":656083,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[111,93,72,7115,333,131,1370,146,83,151,573],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-656082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-energy","tag-enterpriseam","tag-healthcare","tag-homzmart","tag-manufacturing","tag-paymob","tag-pfizer","tag-real-estate","tag-renewables","tag-scatec","wpautop","entry"],"acf":{"mongo_id":"25948aef-4736-4764-803a-ae327043a851","order":"13","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/11\/2651.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Czech\u2019s HPC, Egypt\u2019s Treegas to build EUR 10 mn fiberglass cylinder factory. PLUS: Onasolar, Scatec, Pfizer, Ever Pharma, Roche, Paymob + Homzmart","related_issue":[656060],"teaser":"The first phase will see investments of EUR 7 mn, contributing to an annual production capacity of 500k cylinders","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.cc841489-df8d-4867-929d-eadd54c8ab81.mp3"},"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>Czech\u2019s HPC, Egypt\u2019s Treegas to build EUR 10 mn fiberglass cylinder factory. PLUS: Onasolar, Scatec, Pfizer, Ever Pharma, Roche, Paymob + Homzmart - 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\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Czech\u2019s HPC, Egypt\u2019s Treegas to build EUR 10 mn fiberglass cylinder factory. PLUS: Onasolar, Scatec, Pfizer, Ever Pharma, Roche, Paymob + Homzmart\" \/>\n<meta property=\"og:description\" content=\"The first phase will see investments of EUR 7 mn, contributing to an annual production capacity of 500k cylinders\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-28T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2651.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=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Czech\u2019s HPC, Egypt\u2019s Treegas to build EUR 10 mn fiberglass cylinder factory. PLUS: Onasolar, Scatec, Pfizer, Ever Pharma, Roche, Paymob + Homzmart\",\"datePublished\":\"2024-11-28T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/\"},\"wordCount\":875,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2651.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ALSO ON OUR RADAR\",\"energy\",\"EnterpriseAM\",\"healthcare\",\"Homzmart\",\"Manufacturing\",\"Paymob\",\"Pfizer\",\"real estate\",\"renewables\",\"Scatec\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/\",\"name\":\"Czech\u2019s HPC, Egypt\u2019s Treegas to build EUR 10 mn fiberglass cylinder factory. PLUS: Onasolar, Scatec, Pfizer, Ever Pharma, Roche, Paymob + Homzmart - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2651.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-11-28T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2651.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2651.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Czech\u2019s HPC, Egypt\u2019s Treegas to build EUR 10 mn fiberglass cylinder factory. PLUS: Onasolar, Scatec, Pfizer, Ever Pharma, Roche, Paymob + Homzmart\"}]},{\"@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":"Czech\u2019s HPC, Egypt\u2019s Treegas to build EUR 10 mn fiberglass cylinder factory. PLUS: Onasolar, Scatec, Pfizer, Ever Pharma, Roche, Paymob + Homzmart - 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\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/","og_locale":"en_US","og_type":"article","og_title":"Czech\u2019s HPC, Egypt\u2019s Treegas to build EUR 10 mn fiberglass cylinder factory. PLUS: Onasolar, Scatec, Pfizer, Ever Pharma, Roche, Paymob + Homzmart","og_description":"The first phase will see investments of EUR 7 mn, contributing to an annual production capacity of 500k cylinders","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-11-28T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2651.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":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Czech\u2019s HPC, Egypt\u2019s Treegas to build EUR 10 mn fiberglass cylinder factory. PLUS: Onasolar, Scatec, Pfizer, Ever Pharma, Roche, Paymob + Homzmart","datePublished":"2024-11-28T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/"},"wordCount":875,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2651.jpg?fit=%2C&ssl=1","keywords":["ALSO ON OUR RADAR","energy","EnterpriseAM","healthcare","Homzmart","Manufacturing","Paymob","Pfizer","real estate","renewables","Scatec"],"articleSection":["Also on our Radar"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/","name":"Czech\u2019s HPC, Egypt\u2019s Treegas to build EUR 10 mn fiberglass cylinder factory. PLUS: Onasolar, Scatec, Pfizer, Ever Pharma, Roche, Paymob + Homzmart - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2651.jpg?fit=%2C&ssl=1","datePublished":"2024-11-28T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2651.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2651.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/czechs-hpc-egypts-treegas-to-build-eur-10-mn-fiberglass-cylinder-factory-plus-onasolar-scatec-pfizer-ever-pharma-roche-paymob-homzmart\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Czech\u2019s HPC, Egypt\u2019s Treegas to build EUR 10 mn fiberglass cylinder factory. PLUS: Onasolar, Scatec, Pfizer, Ever Pharma, Roche, Paymob + Homzmart"}]},{"@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\/2024\/11\/2651.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2651.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\/2024\/11\/2651.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":667523,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/06\/29\/bsh-opens-first-african-factory-in-egypt-with-eur-55-mn-investment\/","url_meta":{"origin":656082,"position":0},"title":"BSH opens first African factory in Egypt with EUR 55 mn investment","author":"enterpriseam admin","date":"29 June 2025","format":false,"excerpt":"Half of the factory\u2019s output will be exported to Africa, the Middle East, and beyond","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\/2025\/6\/1554.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":664386,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/29\/chinas-xin-feng-breaks-ground-on-usd-1-7-bn-sokhna-industrial-complex\/","url_meta":{"origin":656082,"position":1},"title":"China\u2019s Xin Feng breaks ground on USD 1.7 bn Sokhna industrial complex","author":"enterpriseam admin","date":"29 April 2025","format":false,"excerpt":"The project\u2019s first phase will be operational early as 2027","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\/2025\/4\/1773.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":661633,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/organi-group-acquires-50-of-rolling-plus-to-advance-eur-1-bn-tire-factory-project\/","url_meta":{"origin":656082,"position":2},"title":"Organi Group acquires 50% of Rolling Plus to advance EUR 1 bn tire factory project","author":"enterpriseam admin","date":"3 March 2025","format":false,"excerpt":"The project\u2019s first phase will draw a EUR 400-450 mn investment, targeting an annual output of 3 mn tires","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\/2024\/11\/762.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546315,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/11\/giz-egypt-to-support-waste-management-strategy-with-eur-6-mn-in-funding\/","url_meta":{"origin":656082,"position":3},"title":"GIZ Egypt to support waste management strategy with EUR 6 mn in funding","author":"enterpriseam admin","date":"11 May 2022","format":false,"excerpt":"Other things we\u2019re keeping an eye on this morning: Matouk Bassiouny & Hennawy acted as the Egyptian legal counsel to Kora Capital on its participation in Paymob\u2019s USD 50 mn series B round. (Statement, pdf)The Environment Ministry is getting EUR 6 mn from GIZ Egypt to support the new national\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649428,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/scatec-secures-german-grant-for-the-egypt-green-hydrogen-plant-plus-news-from-paytab-cfi-beltone\/","url_meta":{"origin":656082,"position":4},"title":"Scatec secures German grant for the Egypt Green Hydrogen plant. PLUS: News from PayTab, CFI, Beltone","author":"enterpriseam admin","date":"9 October 2024","format":false,"excerpt":"Germany\u2019s PtX Development Fund granted Scatec EUR 30 mn for the plant","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\/2024\/10\/668.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":606778,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/21\/egypt-to-build-eur-1-bn-tire-factory\/","url_meta":{"origin":656082,"position":5},"title":"Egypt to build EUR 1 bn tire factory","author":"enterpriseam admin","date":"21 September 2023","format":false,"excerpt":"The SCZone factory is set to churn out 7 mn tires each year","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\/2023\/9\/1346.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/656082","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=656082"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/656082\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/656060"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/656083"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=656082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=656082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=656082"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=656082"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=656082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}