Mienta to set up third factory + warehouse in SCZone in 2024: ElSewedy Electric Group subsidiary ElSewedy Industrial Development and French appliance firm Mienta have inked an agreement to construct a USD 5 mn, 20k sqm factory and warehouse in Egypt’s Suez Canal Economic Zone’s (SCZone) Sokhna Integrated Industrial Zone next year, according to an SCZone statement. The factory will manufacture small electric home appliances.

More appliances produced in Egypt: The factory aims to reach a maximum capacity of 650k appliances by 2025, and the warehouse will have a storage capacity for 200 containers, according to the statement. The factory will expand Mienta’s range of locally made products to 60 items — from kitchen and cooking utensils to household appliances — up from 35 products that are currently produced locally, according to the statement.

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