{"id":665598,"date":"2025-05-20T00:00:00","date_gmt":"2025-05-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/sumitomo-electric-inaugurates-solar-powered-auto-parts-factory\/"},"modified":"2025-05-20T00:00:00","modified_gmt":"2025-05-20T00:00:00","slug":"sumitomo-electric-inaugurates-solar-powered-auto-parts-factory","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/sumitomo-electric-inaugurates-solar-powered-auto-parts-factory\/","title":{"rendered":"Sumitomo Electric inaugurates solar-powered auto parts factory"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, friends. <\/strong>We hope you\u2019ve been enjoying today\u2019s weather as much as we have. We have a brisk issue for you today, covering a boost to the automotive industry and a dive into how the takeover of entry-level jobs by AI could impact the future of (human) employment.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY TODAY<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Sumitomo Electric opens Tenth of Ramadan automotive wiring harness factory: <\/strong>The local arm of Japan\u2019s Sumitomo Electric <a target=\"_blank\" href=\"https:\/\/www.sws.co.jp\/en\/corporation\/outline\/office\/detail\/se_wiring_systems_egypt_sae_sews-eg.html\" style=\"\" rel=\"noopener\">SE Wiring Systems Egypt<\/a> inaugurated its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/962993c1-2504-430b-9f5d-09027411fa61\/\" style=\"\" rel=\"noopener\">EUR 22 mn<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/962993c1-2504-430b-9f5d-09027411fa61\/\" style=\"\" rel=\"noopener\">automotive<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/962993c1-2504-430b-9f5d-09027411fa61\/\" style=\"\" rel=\"noopener\">wiring harnesses factory<\/a> in Tenth of Ramadan as part of Egypt\u2019s efforts to expand the local automotive feeder industry and localize production, according to a cabinet <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0orAdUJcbxRHDgSEK2rpABYsAA1d6gYGsjYA37XitM7Z6CPvjzZFVvH2Mwq2wiMbwl\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> We heard back in October that the factory would begin production the following month before an official opening in 1Q 2025. The factory <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cc1bf114-7cbc-4dd3-981d-55f926b15983\/%253cmark%253esumitomo%253c%2Fmark%253e-to-set-up-the-world%25e2%2580%2599s-largest-factory-for-pigtail-and-wiring-harnesses-in-egypt\" style=\"\" rel=\"noopener\">was originally scheduled to begin operations<\/a> by the end of 2023.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The facilities: <\/strong>The factory has a production capacity of 10 mn wires per month that the company expects to ramp up to 26 mn wires with the addition of new machines down the line. It also currently produces 650k harnesses monthly through its already operating factories in the country, with plans to expand production to 1 mn harnesses by the end of the year. The factory currently employs around 2k workers, with plans to increase the workforce to 3k by the end of 2025<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company has installed solar power systems worth a combined EUR 1 mn across<\/strong> <strong>its <\/strong><strong>Egypt plants <\/strong>to generate 3.2 MW of clean energy, supplying a portion of the plants\u2019 energy needs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DATA POINT- <\/strong>With EUR 300 mn in exports annually, Sumitomo has maintained the title as the country\u2019s largest free zone-based exporter for the last four years, said the company\u2019s Egypt head Hammam Mohamed, according to a separate <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02sc3GhQQpczxzdxDjG4hTMNjgMyo8qB743PBk1h9DMQah8a9eWgonKu2xqXwiKYpNl\" style=\"\" rel=\"noopener\">statement<\/a> from the cabinet. The company\u2019s existing factories across Sixth of October, Tenth of Ramadan, and Port Said employ some 12k workers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Israel escalates Gaza strikes amid rising international criticism:<\/strong> Airstrikes by Israel targeting a family home and shelter in Gaza have killed at least 60 Palestinians since midnight, adding to the more than 500 deaths reported this week. Local health officials report that over 53k people, predominantly women and children, have died as a direct result of strikes since October 2023 \u2014 these numbers do not include people who have died from illness and starvation due to Israel\u2019s blockade on medicine and food. Despite mounting international pressure, Israeli Prime Minister Benjamin Netanyahu has vowed to continue the offensive with the goal of establishing full control over the Gaza Strip. (<a target=\"_blank\" href=\"https:\/\/www.france24.com\/en\/middle-east\/20250520-strikes-kill-scores-in-gaza-as-israel-ramps-up-extensive-ground-offensive\" style=\"\" rel=\"noopener\">France 24<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2025\/may\/15\/intense-wave-of-israeli-airstrikes-gaza-deaths\" style=\"\" rel=\"noopener\">The Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/israel-kills-20-palestinians-airstrikes-after-agreeing-let-some-aid-into-gaza-2025-05-19\/?utm_source=chatgpt.com\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Western allies threaten action: <\/strong>The UK, France, and Canada released a <a target=\"_blank\" href=\"https:\/\/www.gov.uk\/government\/news\/joint-statement-from-the-leaders-of-the-united-kingdom-france-and-canada-on-the-situation-in-gaza-and-the-west-bank\" style=\"\" rel=\"noopener\">joint statement<\/a> yesterday condemning Israel\u2019s renewed offensive in Gaza and its restrictions on humanitarian aid. The allies described the humanitarian situation as \u201cintolerable\u201d and threatened \u201cconcrete actions,\u201d including targeted sanctions if Israel fails to halt military operations and comply with international humanitarian law. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>France\u2019s foreign minister said that Gaza has become \u201ca place for dying,\u201d criticizing<\/strong><strong> current aid levels as \u201ccompletely insufficient.\u201d<\/strong> Meanwhile, Spain\u2019s Prime Minister has called for Israel\u2019s exclusion from international cultural events, including Eurovision, citing double standards compared to Russia\u2019s treatment following its invasion of Ukraine. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/spains-pm-wants-israel-out-international-cultural-events-over-gaza-war-2025-05-19\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/israels-easing-humanitarian-aid-access-gaza-insufficient-french-foreign-minister-2025-05-20\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Internal dissent and stalled diplomacy<\/strong>: Within Israel, opposition figure Yair Golan condemned the war\u2019s civilian toll, stating that the country was becoming an \u201coutcast among nations\u201d \u2014 rare criticism that Netanyahu has dismissed as \u201cwild incitement.\u201d (<a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/israel-palestinians-hamas-war-news-hostages-05-20-2025-402954f7424825ef73ad57f17a701fac#\" style=\"\" rel=\"noopener\">AP<\/a>)<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2600\ufe0f <\/strong><strong>TOMORROW\u2019S WEATHER- <\/strong>Slightly warmer temperatures are hitting the capital tomorrow, with a peak of 32\u00b0C throughout the day, accompanied by a breezy afternoon, before a cooldown to 19\u00b0C at night, according to our favorite weather app.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, friends. We hope you\u2019ve been enjoying today\u2019s weather as much as we have. We have a brisk issue for you today, covering a boost to the automotive industry and a dive into how the takeover of entry-level jobs by AI could impact the future of (human) employment. THE BIG STORY TODAY Sumitomo Electric [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":665599,"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":[7213],"tags":[144,633,131,2429,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-665598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-automotive","tag-enterprisepm","tag-manufacturing","tag-sumitomo","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"4a5ed5c9-13e2-49b5-8b2e-ac9c11e65085","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/8\/2423.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[665596],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.727cf9b9-88ce-4caa-94da-0872738f0e4e.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>Sumitomo Electric inaugurates solar-powered auto parts 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\/2025\/05\/20\/sumitomo-electric-inaugurates-solar-powered-auto-parts-factory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sumitomo Electric inaugurates solar-powered auto parts factory\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, friends. 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We hope you\u2019ve been enjoying today\u2019s weather as much as we have. We have a brisk issue for you today, covering a boost to the automotive industry and a dive into how the takeover of entry-level jobs by AI could impact the future of (human) employment. 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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":665598,"position":1},"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":630960,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/sumitomo-electric-to-invest-egp-100-mn-to-expand-its-port-said-factory\/","url_meta":{"origin":665598,"position":2},"title":"Sumitomo Electric to invest EGP 100 mn to expand its Port Said factory","author":"enterpriseam admin","date":"6 March 2018","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":665631,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/21\/japans-sumitomo-electric-inaugurates-eur-22-mn-auto-parts-factory-in-tenth-of-ramadan\/","url_meta":{"origin":665598,"position":3},"title":"Japan\u2019s Sumitomo Electric inaugurates EUR 22 mn auto parts factory in Tenth of Ramadan","author":"enterpriseam admin","date":"21 May 2025","format":false,"excerpt":"The facility is billed as one of the largest wiring harness factories in the world","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\/5\/1727.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547167,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/12\/sumitomo-to-set-up-the-worlds-largest-factory-for-pigtail-and-wiring-harnesses-in-egypt\/","url_meta":{"origin":665598,"position":4},"title":"Sumitomo to set up the world\u2019s largest factory for pigtail and wiring harnesses in Egypt","author":"enterpriseam admin","date":"12 June 2022","format":false,"excerpt":"Japanese conglomerate Sumitomo has chosen Egypt as the site of its largest ever factory, inking an MoU with the General Authority for Investment and Freezones (GAFI) on Wednesday to set up an industrial complex in Tenth of Ramadan City, according to a cabinet statement. 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":575215,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/06\/sumitomo-to-set-up-egp-1-bn-factory-to-make-and-export-wiring-harnesses\/","url_meta":{"origin":665598,"position":5},"title":"Sumitomo to set up EGP 1 bn factory to make and export wiring harnesses","author":"enterpriseam admin","date":"6 October 2020","format":false,"excerpt":"Japanese manufacturer Sumitomo Wiring Systems is planning to set up a EGP 1 bn factory in Tenth of Ramadan City to manufacture pigtail cables used in cars. Production will be earmarked for both for the local market and for export to Europe, a cabinet statement said. 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