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Prime Minister Mustafa Madbouly announced a strategy to attract industrial investments based on advanced technology, aiming to transfer and localize expertise and production techniques within the Egyptian market. The "Bee Shine Tai Shan" company's factory was inaugurated in the Suez Industrial Zone. The factory produces environmentally friendly gypsum boards and decorative panels, with an investment of $10 million, covering an area of 20,000 square meters. It has an annual production capacity of up to 20 million square meters and provides approximately 50 job opportunities. The strategy emphasizes the importance of the sector for economic growth, leveraging Egypt’s strategic location and trade agreements. It also reflects the success of the Suez Canal Economic Zone in attracting international companies and enhancing the competitiveness of manufactured products in regional and global markets.
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