{"id":663527,"date":"2025-04-10T00:00:00","date_gmt":"2025-04-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/10\/frances-airbus-servier-societe-generale-and-others-mull-egypt-investments\/"},"modified":"2025-04-10T00:00:00","modified_gmt":"2025-04-10T00:00:00","slug":"frances-airbus-servier-societe-generale-and-others-mull-egypt-investments","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/10\/frances-airbus-servier-societe-generale-and-others-mull-egypt-investments\/","title":{"rendered":"France\u2019s Airbus, Servier, Societe Generale and others mull Egypt investments"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Some 29 French companies discussed plans to invest in <\/strong><strong>the local manufacturing<\/strong><strong> and <\/strong><strong>transport sectors<\/strong> during a meeting with Industry and Transport Minister Kamel El Wazir yesterday, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/16EvR8JJei\/\" style=\"\" rel=\"noopener\">statement<\/a>. The meeting focused on potential collaborations across a far-ranging slew of industrial sectors as part of the state\u2019s plan to transform Egypt into a regional industrial and logistics hub.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> Egypt and France inked a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7827ce3b-d89c-4713-a134-f692726e7e5d\/egypt,-france-elevate-ties-to-a-strategic-partnership\" style=\"\" rel=\"noopener\">strategic partnership agreement<\/a> earlier this week during French President Emmanuel Macron\u2019s official visit to Cairo which kicked off earlier this week. The two countries also signed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ac89de42-c6b1-4448-8b2d-b8c1c7be301e\/\" style=\"\" rel=\"noopener\">nine agreements<\/a> with the EU for soft loans and grants worth a combined EUR 262.3 mn for infrastructure projects in Egypt, in addition to numerous other agreements with the French private sector.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A handful of major French players chimed in<\/strong>, presenting their investment and expansion plans for the local market:<\/p>\n<ul>\n<li><strong>Planemaker Airbus <\/strong>outlined plans to expand its local helicopter manufacturing and maintenance operations, including a feasibility study for producing specialized aircraft for tourism and medical transport;<\/li>\n<li><strong>Pharma giant Servier <\/strong>wants to expand its Sixth of October factory in a bid to double its production as well as to manufacture cancer drugs;<\/li>\n<li><strong>Building and engineering group Artelia<\/strong> voiced its interest in participating in transportation projects funded by the French government, including the Alexandria tram as well as airport and metro initiatives;<\/li>\n<li><strong>Railway signalling specialist <\/strong><strong>CDS<\/strong> explored a potential partnership with Italy\u2019s Mermec to develop railway signalling systems, with all required components to be manufactured locally;<\/li>\n<li><strong>IT consulting firm Capgemini <\/strong>wants to develop Egypt\u2019s IT infrastructure;<\/li>\n<li><strong>Banking giant Societe Generale<\/strong> discussed financing for upcoming transport projects. <\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The discussions focused on four key cooperation mechanisms <\/strong>\u2014 localizing different industries, resolving challenges facing French companies operating in the country, eliminating obstacles to investment, and boosting investment volumes in the transportation and manufacturing sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Planemaker Airbus outlined plans to expand its local helicopter manufacturing and maintenance operations<\/p>\n","protected":false},"author":1,"featured_media":663528,"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":[7272],"tags":[3172,6408,72,103,491,7196,125,131,427,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-663527","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-airbus","tag-capgemini","tag-enterpriseam","tag-fdi","tag-france","tag-industry","tag-investment-watch","tag-manufacturing","tag-pharma","tag-transport","wpautop","entry"],"acf":{"mongo_id":"361a8708-8e76-4aa7-9bf5-32c854317cf0","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/4\/523.jpg","photo_position":"above","homepage_title":"","full_issue_title":"France\u2019s Airbus, Servier, Societe Generale and others mull Egypt investments","related_issue":[663513],"teaser":"Planemaker Airbus outlined plans to expand its local helicopter manufacturing and maintenance operations","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.665fc47c-9c7c-45cd-87db-7850876a6204.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The talks took place on the sidelines of\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":591902,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/19\/air-france-begins-using-its-new-airbus-a350-for-cairo-paris-route\/","url_meta":{"origin":663527,"position":1},"title":"Air France begins using its new Airbus A350 for Cairo-Paris route","author":"enterpriseam admin","date":"19 December 2019","format":false,"excerpt":"Air France has begun operating a Cairo-Paris air route six times per week using its new Airbus A350 airliner, according to an emailed statement (pdf).","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":562140,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/09\/we-were-on-a-break\/","url_meta":{"origin":663527,"position":2},"title":"We were on a break\u2026","author":"enterpriseam admin","date":"9 May 2021","format":false,"excerpt":"No breakthrough during Egypt-Turkey talks: Egypt and Turkey ended two days of talks in Cairo \u2014 their first since relations began deteriorating in 2013 \u2014 aimed at reducing tensions on Thursday with no signs of a breakthrough. The two sides held \u201cfrank and in-depth\u201d discussions on Libya, Syria and the\u2026","rel":"","context":"In &quot;Diplomacy&quot;","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/76.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593593,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/02\/egyptair-receives-second-a220-300-airbus\/","url_meta":{"origin":663527,"position":3},"title":"EgyptAir receives second A220-300 Airbus","author":"enterpriseam admin","date":"2 October 2019","format":false,"excerpt":"Canada\u2019s Bombardier has delivered a second Airbus A220-300 Airbus to EgyptAir under a supply contract that will see the flag carrier receive 12 of the aircraft as part of its fleet modernization plans, according to Al Shorouk.","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592423,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/more-turkish-firms-eye-local-market-as-relations-improve\/","url_meta":{"origin":663527,"position":4},"title":"More Turkish firms eye local market as relations improve","author":"enterpriseam admin","date":"6 August 2023","format":false,"excerpt":"Turkish companies Vestel and Zorlu to establish a USD 70 mn joint venture in Egypt.","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/212.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":564046,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/04\/an-adhesive-manufacturing-facility-to-be-set-up-in-cairo\/","url_meta":{"origin":663527,"position":5},"title":"An adhesive manufacturing facility to be set up in Cairo","author":"enterpriseam admin","date":"4 August 2021","format":false,"excerpt":"HB Fuller wants to make Egypt its \u201cgateway\u201d to the region: HB Fuller will set up a new facility for manufacturing adhesives in Cairo, the US manufacturer announced in a statement yesterday. The new factory will serve as the company\u2019s \u201cregional production hub,\u201d and will double its local production capacity,\u2026","rel":"","context":"In &quot;SPEED ROUND: INVESTMENT WATCH&quot;","block_context":{"text":"SPEED ROUND: INVESTMENT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/365.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\/663527","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=663527"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/663527\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/663513"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/663528"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=663527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=663527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=663527"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=663527"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=663527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}