Egypt inaugurates $182.5 mln industrial projects in SCZone

Ahram Online , Thursday 23 Apr 2026

Egypt inaugurated on Thursday nine industrial projects worth a combined $182.5 million in the Suez Canal Economic Zone (SCZone), spanning strategic sectors and creating more than 1,300 jobs, as the government steps up efforts to localise industry and boost exports.

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Prime Minister Mostafa Madbouly launched the openings during a tour of the Sokhna Integrated Industrial Zone, where the projects are being developed over a total area of nearly 338,000 square metres across sectors including engineering and metal industries, pharmaceuticals, textiles, glass, chemicals, packaging, and recycling.

Madbouly said the government is intensifying efforts to support domestic manufacturing and attract more local and foreign investment, describing the private sector as a key partner in economic development. He added that the push comes under directives from President Abdel-Fattah El-Sisi to cushion industries from rising production costs and expand Egypt’s productive base.

Among these projects was the Modern Hygienic International (MHI) factory for paper and hygiene products, with investments of $100 million over 106,400 square metres. The plant produces raw materials used in hygiene products such as diapers, with an annual capacity of 1.2 billion units of finished products and 4,500 tons of raw materials.

The prime minister also opened the New Sefloon factory for aluminium products and cookware, built with $2.5 million in investments on an area of 5,680 square metres. The facility has an annual production capacity of 120,000 units and provides 45 jobs, with output targeting domestic demand, including the tourism sector.

In the chemicals sector, Madbouly inaugurated the Pearl Polyurethane North Africa plant, a plug-and-play facility with investments of $3 million, spanning 5,090 square metres. The factory produces polyurethane compounds used in appliances, automotive seating, insulation panels, and furniture, with an initial annual capacity of 10,000 tons and 20 direct jobs.

The tour also included the opening of Green Recycle, a plastic recycling facility with $5 million in investments on a 30,000-square-metre site. The plant has an annual capacity of 8,000 tons and creates around 50 jobs, converting plastic waste into reusable industrial inputs.

In the glass sector, the prime minister inaugurated Saudi-Turkish Borex Glass, a heat-resistant glassware manufacturer with investments ranging between $6 million and $8 million. Built on 20,000 square metres, the plant has an annual production capacity of 9,000 tons, exports more than 70 percent of its output, and relies on over 90 percent locally sourced raw materials, including Egyptian silica. The project provides around 140 direct jobs and 300 indirect jobs.

Madbouly also opened the Chinese HK Ding Chang Sheng Group textiles factory, a $6 million project spanning 35,000 square metres with an annual production capacity of 35,000 tons. Around 70 percent of output is earmarked for export, while the project is expected to create about 200 jobs.

Madbouly stated that the SCZone has become a cornerstone of Egypt’s industrial strategy, citing its strategic location, advanced infrastructure, and integration between ports and industrial zones as key advantages that position it as a hub for global supply chains.

He added that the government is prioritizing projects that reduce reliance on imports of key production inputs, while promoting higher local content and value-added manufacturing.

SCZone chairman Walid Gamal El-Din said the newly inaugurated projects reflect the diversity and strength of the zone’s industrial base, adding that the authority continues to attract investments in advanced and technology-driven industries targeting both domestic and export markets.

The latest investments come as Egypt seeks to deepen industrial localization, expand exports, and enhance resilience against global economic volatility and ongoing regional tensions.

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