Egyptian Industry Minister Tours Five Factories in New Cairo

Egyptian Industry Minister Khaled Hisham recently visited five factories in the industrial zone of New Cairo's third district. He was accompanied by Mohamed Sami, assistant minister for strategic affairs, and Hazem Anan, deputy head of the General Industrial Development Authority. The minister inspected the factories, which specialize in industrial robots, vehicle furnishings, measuring devices, electric vehicles, and pharmaceuticals.

The first factory, Aria Technologies, produces industrial robots and automation systems on a 1,200 square meter plot with a 60 million EGP capital investment. The company has 150 million EGP in investments and produces over 100 industrial robots and smart vision systems annually. The factory provides 85 jobs and has a 40% local component. Minister Hisham praised the company's efforts in enhancing Egypt's technological capabilities.

The minister then visited the Geniz Car factory, which specializes in leather goods and vehicle furnishings. The factory operates on a 1,500 square meter plot with a 7.5 million EGP capital and 46 million EGP in investments. It produces 25,000 vehicle seats annually and provides 120 jobs. Hisham commended the company's initiative to establish a technical school in collaboration with the Ministry of Education.

The third factory, Matgar for Engineering and Trade, focuses on sustainable transportation solutions and electric vehicles. The company has a 25,000 square meter facility with a 500 million EGP capital and 72 million EGP in investments. It produces electric golf cars, low-speed electric vehicles, and electric scooters, providing 380 jobs. The minister inspected the factory's production lines and discussed its projects.

The minister also visited the Technometer Group factory, which manufactures measuring devices and control systems. The factory operates on a 5,000 square meter plot with a 217 million EGP capital and 300 million EGP in investments. It produces 720,000 water meters annually and provides 312 jobs. Hisham emphasized the importance of this industry in updating infrastructure and rationalizing resource consumption.

The final factory, Multi Care Egypt, specializes in pharmaceuticals and has a 5,200 square meter facility with a 100 million EGP capital and 252.2 million EGP in investments. The factory produces 12.2 tons of nutritional supplements and 30 million units of human pharmaceuticals annually, providing 735 jobs. Minister Hisham inaugurated new production lines after the factory's recent upgrades.

Throughout his tour, Minister Hisham emphasized the government's support for local industries and its efforts to increase the local component in Egyptian products. He encouraged companies to expand their production and explore export opportunities. The minister's tour highlights the Egyptian government's focus on promoting industrial development and enhancing the country's manufacturing capabilities.

Key points

• The Egyptian Industry Minister's tour showcases the government's efforts to support local industries and promote industrial development.