Egypt's FEC, TRAIN partner to support food exporters    Spot Gold, futures slips on Thursday, July 17th    Egypt's EHA, Huawei discuss enhanced digital health    Egypt expresses condolences to Iraq over fire tragedy    Egypt, Oman discuss environmental cooperation    Egypt's Environment Minister attends AMCEN conference in Nairobi    At London 'Egypt Day', Finance Minister outlines pro-investment policies    Sukari Gold Mine showcases successful public–private partnership: Minister of Petroleum    Egypt's FRA chief vows to reform business environment to boost investor confidence    Egyptian, Belarusian officials discuss drug registration, market access    Syria says it will defend its territory after Israeli strikes in Suwayda    Pakistan names Qatari royal as brand ambassador after 'Killer Mountain' climb    Health Ministry denies claims of meningitis-related deaths among siblings    Sri Lanka's expat remittances up in June '25    EU–US trade talks enter 'decisive phase', German politician says    Egypt's Health Min. discusses drug localisation with Sandoz    Needle-spiking attacks in France prompt government warning, public fear    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, France FMs review Gaza ceasefire efforts, reconstruction    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Greco-Roman tombs with hieroglyphic inscriptions discovered in Aswan    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    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    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    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    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    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.



PM inspects development projects in 10th of Ramadan, inaugurates Kandil Steel expansion
Published in Daily News Egypt on 15 - 03 - 2025

Egyptian Prime Minister Mostafa Madbouly visited 10th of Ramadan City to inspect key developmental and residential projects, beginning with the expansion of Kandil Steel factory. Accompanied by senior ministers, he reaffirmed the government's commitment to enhancing services and improving living standards nationwide.
Madbouly emphasized the state's focus on industrial growth as a key driver of economic expansion. The government's strategy prioritizes the development of industrial zones, the establishment of new factories, and the localization of production to meet market demands with high-quality, competitive products.
He also underscored the government's ongoing support for the private sector, fostering a business-friendly environment, encouraging investment, and eliminating barriers through continuous factory inspections.
The Prime Minister commenced his tour in 10th of Ramadan City with a visit to Kandil Steel factory, joined by Vice Prime Minister for Industrial Development, Minister of Industry and Transport Kamel El-Wazir; Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny; and Minister of Investment and Foreign Trade Hassan El-Khatib. Upon arrival, Amr Kandil, Chairperson of Kandil Steel, welcomed the delegation, noting that Kandil Steel Group is a leading player in flat steel rolling and galvanizing across the Middle East. The Kandil family holds a majority stake in the company, with Japanese partners MISI and JFE owning a minority share.
Kandil detailed the company's legacy, highlighting its founding in Egypt in 1865 as the country's sole producer of large-sized flat steel products. Specializing in cold-rolled, galvanized, and coated steel, the company boasts an annual production capacity of 900,000 tonnes, catering to both local and international markets.
Reham Abou El-Soud, Executive VP for Markets, outlined the company's core production lines, which include cold rolling, hot-dip galvanizing, and color-coated sheet manufacturing. Kandil Steel supplies critical materials to various sectors, including construction, infrastructure, and home appliances, offering high-quality, cost-effective alternatives to imports.
Regarding the engineering industries sector, Abou El-Soud explained that Kandil Steel serves a broad range of manufacturers, supplying flat steel for products such as storage systems, fire protection systems, and irrigation systems. Additionally, the company provides cold-rolled steel to automotive assembly companies for buses, pickup trucks, and spare parts, including fuel and oil filters, cooling pipes, and brake systems.
She further highlighted that exports constitute 50% of total production. As of January 2025, the company's workforce has expanded to 1,400 employees, following factory upgrades and increased production. Investments have reached $25m, with rolling, galvanizing, and color-coating production lines modernized, and total sales reaching EGP 25bn in 2024.
Ahmed Mokhtar, CEO of Strategic Projects, presented an overview of the company's investment in production line development and its new factory expansion. He explained that the factory's upgrade and renewal plan, initiated in 2021, aims to boost production capacity from 600,000 to 900,000 tonnes per year in two phases. This expansion is designed to meet local demand, localize industry, and reduce reliance on imports, thereby alleviating pressure on foreign currency reserves.
Following the inauguration of Kandil Steel's expansion, Prime Minister Madbouly proceeded to inspect the industrial wastewater treatment plant in 10th of Ramadan City to review progress on the project.
During transit, he assessed ongoing road development and infrastructure upgrades in the city's heavy industrial zone. These works include the rehabilitation of water, sewage, and road networks in Industrial Zone A1 and the renewal of roadways. Additionally, emergency solutions are being implemented to backfill random ponds in the area, involving the filling of two water inlets and the construction of an emergency basin for Pumping Station (4) with 600mm and 700mm pipelines to handle excess discharge from the 1200mm industrial wastewater pipeline.
Upon arrival at the wastewater treatment plant, the Prime Minister received a comprehensive briefing from Alaa Abdallah Mostafa, Head of the 10th of Ramadan City Authority, on the project's development. Mostafa detailed that the new treatment plant is designed with a civil capacity of 130,000 cubic meters per day and an electromechanical capacity of 65,000 cubic meters per day. The project also includes a new screening building and two 1400mm discharge pipelines.
He further elaborated on the plant's components, which include anaerobic ponds, a preliminary treated water pumping station, an aeration basin distribution chamber, aeration tanks, sedimentation basins with pumps and a pump well, a chlorine mixing basin, chlorination equipment, sludge thickening tanks with dedicated pumps, sludge drying beds, a sludge storage area, an air blower building, electrical and control buildings, an administration and laboratory building, a workshop and storage facility, and a general site drainage pump well.
At the conclusion of his visit, the Prime Minister emphasized the importance of accelerating the project's completion while maintaining the highest quality standards and adhering to the established timelines.


Clic here to read the story from its source.