{"id":656186,"date":"2024-12-01T00:00:00","date_gmt":"2024-12-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/01\/china-glass-begins-construction-of-usd-300-mn-glass-factory\/"},"modified":"2024-12-01T00:00:00","modified_gmt":"2024-12-01T00:00:00","slug":"china-glass-begins-construction-of-usd-300-mn-glass-factory","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/01\/china-glass-begins-construction-of-usd-300-mn-glass-factory\/","title":{"rendered":"China Glass begins construction of USD 300 mn glass factory"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Another company sets up shop in China\u2019s Teda zone:<\/strong> China Glass Holding subsidiary CNG Egypt New Energy Glass kicked off construction work on a USD 300 mn glass factory, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0NG1oe1jnEpm9EG7iCWawohNxUz63m4xUv5WgTTcY7qz2PfXwRaQVHEJ9bK9J1J4Bl\" style=\"\" rel=\"noopener\">statement<\/a> from the Suez Canal Economic Zone (SCZone). The factory will be located in the China-Egypt Teda industrial zone across a 500 sqm area.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The specs:<\/strong> The project will have a flat glass production line with a daily capacity of 1k tonnes and a photovoltaic glass production line with a daily capacity of 800 tonnes. Once completed, the project is set to create some 1k jobs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We heard about this before:<\/strong> The agreement for the factory was signed back in September amidst a raft of contracts and MoUs inked between Egypt and Chinese companies \u2014 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5eb9f636-99c8-4dc9-a327-72722d4229d6\/egypt-inks-over-usd-1.1-bn-worth-of-agreements-and-mous-at-forum-on-china-africa-cooperation\" style=\"\" rel=\"noopener\">totaling over USD 1.1 bn<\/a> \u2014 during the Forum on China-Africa Cooperation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DATA POINT- <\/strong>Teda currently has around 200 Chinese companies operating in it, according to SCZone head Walid Gamal El Din.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>**Want to know more about Chinese industrial investments in the country?<\/strong> We took a deep dive into growing Chinese industrial investments and government efforts to attract more Chinese capital across various sectors in a recent Inside Industry. You can read the story <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7ef74ffd-fb8e-48ba-ba41-32d0fb5eff00\/chinese-investors-have-been-loving-egypt-as-of-late-%e2%80%94-here%e2%80%99s-the-breakdown-of-how-this-love-has-translated-into-investments\" style=\"\" rel=\"noopener\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The project will have a flat glass daily production capacity of 1k tonnes and a photovoltaic glass daily production capacity of 800 tonnes<\/p>\n","protected":false},"author":1,"featured_media":656187,"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":[7255],"tags":[116,975,72,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-656186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","tag-china","tag-egypt-china-relations","tag-enterpriseam","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"722791d9-a3ad-41d2-90f5-4bf67089a021","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/12\/15.jpg","photo_position":"above","homepage_title":"","full_issue_title":"China Glass begins construction of USD 300 mn glass factory","related_issue":[656178],"teaser":"The project will have a flat glass daily production capacity of 1k tonnes and a photovoltaic glass daily production capacity of 800 tonnes","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/12\/.3c8af708-2940-4c07-bfd3-b897a6bab171.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>China Glass begins construction of USD 300 mn glass 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\/2024\/12\/01\/china-glass-begins-construction-of-usd-300-mn-glass-factory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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