Egyptian Prime Minister Moustafa Madbouly inaugurated a new factory for Leoni, a German cable and harness maker Leoni, on Tuesday in Badr City, underscoring the country's drive to localise automotive component production. The 14,000-square-metre facility, part of El Robbiki industrial axis, was opened alongside Minister of Industry and Transport Kamel El-Wazir. Officials from the General Authority for Investment and Free Zones (GAFI), the Industrial Development Authority (IDA), and the German-Arab Chamber of Industry and Commerce were also present. Madbouly said the automotive industry is now a top priority for Egypt, with the government working to localise production, attract foreign investment, and promote high-value industrial projects, particularly in automotive components. "Egypt has become a global hub for electrical wiring production, hosting major companies that supply both traditional and electric vehicles," he said. Leoni Egypt, a subsidiary of Germany's Leoni Group, currently operates three industrial sites in Egypt and produces 45,000 wiring harnesses daily across three shifts. The company employs nearly 6,000 engineers, technicians, and workers, and in 2024 recorded €240 million in exports, ranking second among free zone exporters. The newly inaugurated, Leoni Badr 4 Factory is part of the company's expansion plan to increase production capacity and strengthen Egypt's role in the global automotive supply chain. Sherif El-Dessouky, Managing Director of Leoni Egypt, said the company signed a contract on 4 Nov to acquire 92,000 square metres from the IDA to establish a new industrial complex, further strengthening its contribution to the global automotive supply chain. Leoni COO Anis Kammoun said the facility reflects the company's commitment to innovation, operational excellence, and long-term investment in Egypt. Leoni Egypt began operations in 1998 and serves major automotive manufacturers worldwide, producing components for both combustion engine and electric vehicles. The expansion aligns with Egypt's national automotive development program, which aims to increase local content, attract investment, and deepen the country's industrial base. Attribution: Amwal Al Ghad English
