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Source:
الوطن
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Teda Egypt Invests $4.3B, Creates Jobs
Egypt has attracted investments totaling $4.3 billion from over 200 companies, contributing to the creation of more than 10,000 direct and indirect jobs. The region follows an "8+1" industrial development model that focuses on eight main industries, including building materials, electrical equipment, machinery manufacturing, textiles, as well as logistical and customs warehouses. The region has achieved significant successes, such as the "Gushi" fiberglass project, which has invested over $1.11 billion, making Egypt the third-largest global producer of fiberglass. Additionally, the energy sector has been strengthened through the manufacturing of solar panels and their components.
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