12 Hrs
Source:
المصدر
_1777352244987_250242181.png&w=64&q=75){kind=small}
Hayir to open second phase in Al-Asher
The Egyptian Ministry of Industry discussed with Heyer Egypt for Electrical Appliances its expansion plans and preparations for opening the second phase of its industrial complex in New Cairo City in November. The complex, covering an area of 200,000 square meters, includes four factories producing air conditioning units, televisions, washing machines, as well as metal and plastic manufacturing. The investments amount to up to $135 million, with an annual production capacity exceeding one million units. The second phase is expected to produce more than 500,000 refrigerators and freezers annually, with a focus on increasing the proportion of locally sourced components and achieving greater added value. This reflects market confidence in the Egyptian economy and helps boost export rates.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)