Egypt's PM, JICA chief discuss boosting investment, education ties at TICAD 9    Egyptian pound wavers vs. USD in early trade    SCZONE showcases investment opportunities to eight Japanese companies    Egypt urges Israel to accept Gaza deal amid intensifying fighting    Egypt, ADIB explore strategic partnership in digital healthcare, investment    Egypt's PM meets Tokyo governor, witnesses signing of education agreements    Egypt welcomes international efforts for peace in Ukraine    Al-Sisi, Macron reaffirm strategic partnership, coordinate on Gaza crisis    Egypt's Sisi, France's Macron discuss Gaza ceasefire efforts in phone call    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egyptian, Ugandan Presidents open business forum to boost trade    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Madbouly tours factories in Alexandria to boost Egyptian industry
Published in Daily News Egypt on 03 - 08 - 2024

Egyptian Prime Minister Mostafa Madbouly embarked on an extensive inspection tour of several factories in Alexandria last Saturday. His visit underscores the government's commitment to enhancing the Egyptian industry, recognizing it as a crucial driver of comprehensive economic progress. Efforts are underway to empower the private industrial sector by removing obstacles and creating a conducive environment for industrial investment.
Madbouly's tour commenced at the Alexandria Private Free Zone, where he inspected the factories of Egyptian German Porcelain – Fathy Mahmoud. Sayed Fathy Mahmoud, the company's chairperson, highlighted that their porcelain tableware manufacturing facility is the largest in the Middle East. With investments totalling $100m, the factory now produces 80 tonnes per day, equivalent to 85 million pieces annually. It stands as the largest factory in Africa, Europe, and the Middle East.
The factory boasts 15 production lines, with 85% of raw materials, operating supplies, spare parts, and workforce sourced locally. Its exports reach 55 countries worldwide, including Europe, the Americas, Africa, and Asia, with an annual export value of EGP 1bn. Locally, the factory contributes EGP 2.5bn in annual sales, covering 70% of the domestic market demand while exporting 30% globally.
Madbouly also visited the European Egyptian Pharmaceutical Industry, specializing in medical devices, pharmaceuticals, and nutritional supplements. Sherine Helmy, the company's chairperson, emphasized their environmentally friendly practices, including 448 solar cells generating 260 megawatts per hour/year.
The factory, spanning 20,000 sqm, represents an investment of EGP 1.5bn. Its production capacity includes 250 million pharmaceutical packages monthly and 490 medical devices, with local content ranging from 60% to 70%. The factory employs 8,000 workers across its four production lines and exports products to over 50 countries, including the Gulf, Africa, South America, Europe, and Asia. Notably, it leads Egyptian companies in exports to the Saudi market.
Among its specialized products are solid, liquid, and soft gelatin capsules, with an annual production of approximately 3 billion gelatin capsules. Additionally, the factory manufactures inhalers for respiratory diseases, producing 60,000 units daily.
The Prime Minister toured production lines at Nile Linen Group in Alexandria Public Free Zone.
Chairperson of Nile Linen Group Saeed Ahmed explained that Nile Linen Group's production capacity exceeds 55 million sqm annually of textiles, achieving a turnover and revenue exceeding $100m. The company exports more than 80% of its products, particularly textiles and bed linens manufactured in Egypt, and employs more than 2,000 workers.
Sayed El Wakeel, the factory's chief operating officer, explained the various stages of manufacturing, noting that the total area of the factory with its 14 sections is 250,000 sqm, including 190,000 sqm for the manufacturing area, 50,000 sqm for warehouses, and 10,000 sqm for administrative sections.
El Wakeel added that the factory's main sections include the weaving section, which contains 260 looms with a production capacity of up to 55 million meters annually, and the dyeing section, equipped with the latest processing technologies. The embroidery section operates fully automatically with 250 embroidery heads, and the tailoring section also operates automatically with 40 machines.
He added that the company is the largest in the Middle East in the field of manufacturing various types of furnishings, including mattresses, sheets, and furniture coverings. It has the highest number of production lines, with 24 automated lines for producing and tailoring fabrics and textiles. The company specializes in producing and manufacturing all types of furnishings and velvets, all types of fabrics and ready-made garments, manufactured from various types of yarns, in addition to dyeing, finishing, and printing operations.


Clic here to read the story from its source.