Written by Manal Al-Issawi Saturday, December 23, 2023 04:00 AM
An inside source confirmed The Ministry of Environment By the end of this December, 100% of the construction work will be completed in the project of the first Chinese industrial complex to obtain a golden license from the state on the 10th of Ramadan, on an area of 200 thousand square meters, with a total investment amounting to 135 million dollars.
The source indicated in exclusive statements to “Youm 7” that it is expected that the trial operation and quantitative production of the Chinese Industrial Complex project on the 10th of Ramadan will take place during the month of March 2024, as the project includes two basic phases, the first phase was completed during the period between 6 to 2024. 7 months to produce televisions, washing machines, and air conditioners, on an area of 70,000 square meters with a production volume of one million units annually, of which 30% are for export and 70% for the local market. The second phase will include the production of freezers and refrigerators, with investments amounting to $60 million, with a production volume of more than half a million units annually.
The source explained that the project includes the Chinese Industrial Complex in the 10th of Ramadan, 6 factories for the production of televisions, washing machines, refrigerators, freezers, and air conditioning, in addition to a complex for feeding and complementary industries, and a factory for metal forming, plastic injection, and paints. The Chinese Industrial Complex project in the 10th of Ramadan is implemented by a Chinese company, one of the largest brands in the country. The world, and aims to transform Egypt into a regional center for manufacturing and export to the Middle East and Africa.
2023-12-23 02:00:00
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