{"id":89954,"date":"2025-10-30T00:00:00","date_gmt":"2025-10-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/10\/30\/kemet-emirati-chinese-al-qalaa-red-flag-to-invest-usd-3-5-bn-in-three-sczone-plants\/"},"modified":"2025-10-30T00:00:00","modified_gmt":"2025-10-30T00:00:00","slug":"kemet-emirati-chinese-al-qalaa-red-flag-to-invest-usd-3-5-bn-in-three-sczone-plants","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/10\/30\/kemet-emirati-chinese-al-qalaa-red-flag-to-invest-usd-3-5-bn-in-three-sczone-plants\/","title":{"rendered":"Kemet, Emirati-Chinese Al Qalaa Red Flag to invest USD 3.5 bn in three SCZone plants"},"content":{"rendered":"

Kemet Industries and Emirati-Chinese Al Qalaa Red Flag will invest USD 3.5 <\/strong>bn in three \u201cgiant industrial projects\u201d in the Sokhna Industrial Zone<\/strong> under an MoU inked between the two, according to a Suez Canal Economic Zone (SCZone) statement<\/a>. The timeline for the projects was not disclosed.<\/p>\n

The projects include a seamless steel pipe factory<\/strong>, which will have a targeted annual production capacity of 250k tons. Output will help supply the country\u2019s wide-ranging infrastructure and urban development projects while reducing the country\u2019s import bill, according to the statement.<\/p>\n

The second factory will produce car tires and will roll out (excuse the pun) 12-15 mn units <\/strong>a year<\/strong>, which will help bolster the automotive feeder industry and help meet local needs.<\/p>\n

The third factory will produce fiber optic cables<\/strong>, supporting the local infrastructure and communications sector, according to the statement. The factory will support the country\u2019s digital transformation and move toward better and faster internet.<\/p>\n

ALSO- Al Ahram Chemicals and Resins will invest USD 10 mn in an industrial complex <\/strong>to produce formaldehyde and its derivatives<\/strong>, according to another SCZone statement<\/a>. The planned project in Sokhna Industrial Zone will create 150 jobs and have an annual production capacity of 25k tons of formaldehyde and 25k tons of urea-formaldehyde. Production will kick off in early 2027.<\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS- Al Ahram Chemicals and Resins will invest USD 10 mn into an industrial complex to produce formaldehyde and its derivatives<\/p>\n","protected":false},"author":1,"featured_media":89955,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","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":[22],"tags":[49,44,196,21],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-89954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-zones","tag-egypt","tag-investment-watch","tag-suez-canal-economic-zone","tag-zones","wpautop","entry"],"acf":{"mongo_id":"a5464389-cdf4-4fb2-8f1f-6d8a7318eb37","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/10\/1695.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Kemet, Emirati-Chinese Al Qalaa Red Flag to invest USD 3.5 bn in three SCZone plants","related_issue":[89944],"teaser":"PLUS- Al Ahram Chemicals and Resins will invest USD 10 mn into an industrial complex to produce formaldehyde and its derivatives","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/10\/.0096d226-bb0f-44c9-8242-20a132d13341.mp3"},"yoast_head":"\nKemet, Emirati-Chinese Al Qalaa Red Flag to invest USD 3.5 bn in three SCZone plants - Logistics<\/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\/logistics\/2025\/10\/30\/kemet-emirati-chinese-al-qalaa-red-flag-to-invest-usd-3-5-bn-in-three-sczone-plants\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kemet, Emirati-Chinese Al Qalaa Red Flag to invest USD 3.5 bn in three SCZone 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