Ministry forms cement sector study committee

The Ministry of Industry announced the formation of a committee headed by Engineer Mohamed Zada to study the challenges facing the cement sector in Egypt. This step comes as part of a strategy to boost production and provide products at fair prices, while maintaining exports and ensuring market stability. The meeting, attended by senior officials from the ministry and cement manufacturers, discussed sector performance indicators, including the number of companies (19 companies and 22 factories), the total production capacity of 75.5 million tons annually, and improvements in operational and export rates over the past three years. Challenges such as updating the Egyptian building code, facilitating export support programs, connecting electricity networks to solar energy companies, and addressing urban encroachment around factories were also reviewed. The ministry emphasized the importance of the cement sector as a key economic pillar due to its role in urban development projects and infrastructure, highlighting significant opportunities for technological development and increased exports.

Size: 120%Text Size

Notice: This Is an AI-Generated Summary

Display The Full Article