Egyptian Prime Minister Mostafa Madbouli recently visited the Mit Ghamr investment area in Dakahlia governorate, inspecting factories producing electrical appliances and security solutions. He toured "A Look" factories, hearing about their activities, products, and manufacturing processes. The company, founded in 2020, started operations in Mit Ghamr in 2023 and has expanded to seven production units, operating 24/7.
During his visit, Madbouli emphasized the importance of supporting Egyptian companies investing in innovation and product development. He noted that possessing technical and technological capabilities enhances national industry competitiveness and builds strong Egyptian brands. The Prime Minister added that the government is working to create a favorable environment for industrial companies to grow and expand, encouraging investments that develop products and increase reliance on local capabilities.
Investment and Foreign Trade Minister Mohamed Farid highlighted the significance of increasing local component percentages in industrial products to deepen local manufacturing. He stressed the importance of protecting intellectual property rights and encouraging companies to invest in research and development, building sustainable competitive capabilities and opening up broader markets for Egyptian products.
Madbouli inspected production lines for electrical connectors, plugs, cables, and lighting products, examining innovative products developed by the company, which have obtained patents in Egypt and globally. He also visited quality and testing laboratories, learning about tests for electrical loads, temperatures, and fire resistance to ensure products meet quality and safety standards.
The Prime Minister met with "A Look" company head Mohamed Ali, who explained that the factory, covering 2016 square meters, has investments of 400 million EGP and provides around 650 jobs, with an annual production capacity of 30 million pieces. Ali noted that products include electrical connectors, plugs, cables, and lighting solutions, with 80% local component percentages, aiming to increase to 95%.
During his tour, Madbouli conversed with factory workers, inquiring about services and benefits provided, including transportation. He also spoke with a female worker, asking about her residence, commute, salary, and benefits, learning that she balances work and university studies to increase her income.
The Prime Minister instructed officials to expedite procedures for the factory to obtain an additional hangar, supporting expansion plans and increasing production capacity. He also reviewed patents obtained by the company in electrical equipment and tool manufacturing, praising local innovation and investment in the sector.
Key points
- The Egyptian government is working to create a favorable environment for industrial growth and expansion.
