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Industrial production rises by 29.2%: CAPMAS
Daily News Egypt Published in Daily News Egypt on 13 - 09 - 2017

The Central Agency for Public Mobilisation and Statistics (CAPMAS) issued its quarterly bulletin of industrial production public/public business and private sector enterprises that employ 25 or more workers in the fourth quarter of 2016.
The report showed that the total industrial production value (excluding crude and refined petroleum) reached EGP 114.3bn during the fourth quarter of 2016 compared to EGP 94.4bn in the third quarter of 2016, an increase of 21.1%, while the production value for the fourth quarter 2015 (same quarter) reached EGP 88.4bn, which shows an increase rate of 29.2%.
Coke coal and petroleum products activity represent the most important economic activity which contribute by 16.0% of industrial production value, followed by food products industrial activity by 13.7%, then iron and steel industrial activity by 5.8%.
The total production value for the manufacture of food products reached EGP 25.2bn for the fourth quarter of 2016, compared to EGP 20.0bn for the third quarter of 2016, an increase of 25.8%, while the production value reached EGP 19.3bn for the fourth quarter of 2015, an increase rate of 30.4%. CAPMAS attributed this to the need to cover the market needs of oils, sugar glucose, agricultural products export and high demand for animal feed and bran.
CAPMAS also stated that the total production value for the iron and steel industry reached EGP 10.8bn for the fourth quarter of 2016 compared to EGP 9.3bn for the third quarter of 2016, an increase of EGP 16.3%, while the industrial production value reached EGP 8.5bn in the fourth quarter of 2015, marking an increase of 27.0%, due to the stability of energy supply for energy-intensive industries.
Moreover, the total production value of the railway, tram, and transport equipment industry products reached EGP 402.2m for the fourth quarter of 2016 compared to EGP 555.6m in the third quarter of 2016, a decrease of 27.6%, while the production value reached EGP 687.5m for the fourth quarter of 2015, a decrease of 41.5% due to the low supply orders and the lack of metro vehicles production.

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