{"id":667860,"date":"2025-07-06T00:00:00","date_gmt":"2025-07-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/06\/five-czech-firms-explore-local-investments\/"},"modified":"2025-07-06T00:00:00","modified_gmt":"2025-07-06T00:00:00","slug":"five-czech-firms-explore-local-investments","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/06\/five-czech-firms-explore-local-investments\/","title":{"rendered":"Five Czech Firms explore local investments"},"content":{"rendered":"

Egypt is courting a wave of Czech industrial investment<\/strong>, with five companies exploring potential investments in chemicals, manufacturing, textiles, and medical equipment, according to a statement<\/a>. This came during meetings between Investment Minister Hassan El Khatib and representatives from five Czech companies during his time in Prague<\/a>.<\/p>\n

Chemicals player Draslovka is considering relocating one of its factories to Egypt.<\/strong> The company is already working on a USD 160 mn<\/a> sodium cyanide production facility in Alexandria\u2019s Sidi Kerir industrial zone \u2014 in partnership with Austria\u2019s Petrochemicals Holding Company. The plant would be the first of its kind in MENA.<\/p>\n

Pump manufacturer Sigma Group is also weighing a manufacturing push<\/strong>, with CEO Lubos Michl\u00edk and El Khatib discussing the possibility of the company co-producing water pump spare parts with the Arab Organization for Industrialization. Sigma already operates in Egypt\u2019s water treatment space. Michl\u00edk is set to visit Cairo next month to explore partial manufacturing for some of its product lines.<\/p>\n

Textiles player PFNonwovens is considering expanding its investment in Egypt<\/strong>, where it operates a polypropylene textile manufacturing project valued at around USD 100 mn. CFO Jind\u0159ich Lhota discussed the potential expansion during a meeting with El Khatib.<\/p>\n

Medical and mining tech investments are also on the table.<\/strong> El Khatib met with Linet Group\u2019s Alexandr Jernek to discuss producing hospital beds and medical supplies in Egypt. While, talks with representatives from mining exploration tech player Modelarna Liaz.<\/p>\n

El Khatib participated in the second Egyptian-Czech Joint Economic Committee<\/strong> \u2014 the first such gathering in nine years, according to a statement<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"

The companies include those operating in manufacturing, chemical solutions, textiles, tech, and medical 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The minister says Shondong Ruyi Technology is looking to invest USD 800 mn into setting up a complex to manufacture\u2026","rel":"","context":"In "Manufacturing"","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":568941,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/09\/egypt-settles-export-subsidies-with-32-companies-in-exchange-for-new-investment\/","url_meta":{"origin":667860,"position":3},"title":"Egypt settles export subsidies with 32 companies in exchange for new investment","author":"enterpriseam admin","date":"9 February 2020","format":false,"excerpt":"Gov\u2019t settles export subsidies with 32 companies in exchange for new investment: Agreements signed by the trade and finance ministers yesterday will see overdue export subsidies owed to 32 foreign and local companies settled over five years, the ministries said in a joint statement (pdf). The long list of companies\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/112.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":603524,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/24\/gafi-sets-up-industrial-development-jv-with-private-companies\/","url_meta":{"origin":667860,"position":4},"title":"GAFI sets up industrial development JV with private companies","author":"enterpriseam admin","date":"24 April 2019","format":false,"excerpt":"The General Authority for Freezones and Investment (GAFI) is setting up a JV with unnamed private sector companies to act as an industrial developer for land that will house textiles and readymade garment manufacturing facilities, according to Al Mal. This comes as the Port Said Investors Association is currently looking\u2026","rel":"","context":"In "Manufacturing"","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":554323,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/29\/2021-investments-are-picking-up-albeit-gingerly\/","url_meta":{"origin":667860,"position":5},"title":"2021: Investments are picking up, albeit gingerly","author":"enterpriseam admin","date":"29 December 2021","format":false,"excerpt":"What was Egypt\u2019s investment story like in 2021? The big picture tells us that investor interest is continuing to pick up, with a larger number and bigger value of investments announced this year compared to 2020. 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