{"id":676886,"date":"2025-12-08T00:00:00","date_gmt":"2025-12-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/08\/idg-launches-egp-4-8-bn-industrial-zone-in-new-october\/"},"modified":"2025-12-08T00:00:00","modified_gmt":"2025-12-08T00:00:00","slug":"idg-launches-egp-4-8-bn-industrial-zone-in-new-october","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/08\/idg-launches-egp-4-8-bn-industrial-zone-in-new-october\/","title":{"rendered":"IDG launches EGP 4.8 bn industrial zone in New October"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The<\/strong> <strong>Industrial Development Group (IDG) has launched its EGP 4.8 bn, 1.6 mn sqm <\/strong><strong>industrial park in New October <\/strong>\u2014 dubbed e2 New October \u2014 CEO Shady William announced at a presser attended by EnterpriseAM yesterday. The park will host 100 factories, each covering at least 300 sqm, focusing on engineering, food, pharma, chemicals, and textiles, creating around 10k direct jobs, William said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The industrial park aims to attract advanced, high-tech industries requiring sophisticated infrastructure to compete globally. It also seeks to draw foreign investment and support local manufacturers that meet high environmental standards and reduce their carbon footprint, in line with global trends.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>IDG <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5e9a13c9-939c-4cba-b2a7-84ae2adae5a5\/industrial-development-group-to-invest-egp-3-bn-developing-its-zones-this-year\" style=\"\" rel=\"noopener\">secured the plot<\/a> for the project from the New Urban Communities Authority in 2023.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IDG expects to complete infrastructure work and start selling plots within three to four <\/strong><strong>years<\/strong>, William said. The company had launched the first phase of the project in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5cf9a034-bcae-4baf-bad5-a84b4f8ae2e2\/china%e2%80%99s-di-seta-breaks-ground-on-usd-40-mn-factory-in-egypt\" style=\"\" rel=\"noopener\">March<\/a>, with plans to deliver plots within a year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This is IDG\u2019s second industrial zone in the area<\/strong> \u2014 the group also has the <a target=\"_blank\" href=\"https:\/\/www.idg-egypt.com\/e2-october.html#\" style=\"\" rel=\"noopener\">e2 October<\/a><a target=\"_blank\" href=\"https:\/\/www.idg-egypt.com\/e2-october.html#\" style=\"\" rel=\"noopener\">industrial zone<\/a> in 6th of October, which has so far seen high demand from industrial players with 89% of its plots already allocated, William said. The 3 mn sqm zone hosts 200 factories \u2014 120 of which are already operational and 80 are under construction.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>IDG is looking to acquire a land plot in the new capital next year, as part of its efforts to expand nationwide, William added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** We recently spoke to William for our My Morning Routine column<\/strong>, where he dove into his responsibilities as CEO, IDG, and industrial development as a whole. Check out the interview <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/58038f5e-3dee-4084-abc3-4d070d00bb34\/my-morning-routine:-shady-william,-ceo-of-industrial-development-group\" style=\"\" rel=\"noopener\">here<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 1.6 mn sqm e2 New October industrial park will host 100 factories and create around 10k jobs<\/p>\n","protected":false},"author":1,"featured_media":676887,"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":[72,2764,7111,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-676886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","tag-enterpriseam","tag-industrial-development-group","tag-infrastructure","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"48700cf1-70fb-4f0f-ac0a-99a44b7819b8","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/2176.jpg","photo_position":"above","homepage_title":"","full_issue_title":"IDG launches EGP 4.8 bn industrial zone in New October","related_issue":[676878],"teaser":"The 1.6 mn sqm e2 New October industrial park will host 100 factories and create around 10k jobs","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/12\/.3e9c0320-a2ff-416f-9ccf-efaf32893e32.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 park pitches tenants on the benefits of \u201cmultiple trade agreements, including COMESA, GAFTA, Egyptian-European partnership, and others.\u201d The 2.7 sqkm park will\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":662052,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/10\/chinas-di-seta-breaks-ground-on-usd-40-mn-factory-in-qantara-west\/","url_meta":{"origin":676886,"position":1},"title":"China\u2019s Di Seta breaks ground on USD 40 mn factory in Qantara West","author":"enterpriseam admin","date":"10 March 2025","format":false,"excerpt":"PLUS- IDG launches 1.6 mn sqm industrial offering in New October","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\/2025\/3\/667.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596829,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/09\/idg-aims-to-open-first-factory-in-new-alamein-in-1q2020\/","url_meta":{"origin":676886,"position":2},"title":"IDG aims to open first factory in New Alamein in 1Q2020","author":"enterpriseam admin","date":"9 July 2019","format":false,"excerpt":"INVESTMENT WATCH- First factory in New Alamein to open in 1Q2020: The Industrial Development Group (IDG) aims to complete the procedures of opening the first factory in New Alamein in 1Q2020, IDG Managing Director Sameh Attia said. 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