Ukinox has more than a decade of experience in manufacturing stainless steel kitchen solutions for residential compounds, coastal resorts, and government projects. The company has offices in the United States, the United Kingdom, and Germany, and an annual production capacity of 1.5 million units.
The factory will be built on a 37,000-square-metre site and is expected to create 220 direct jobs.
The first phase of the project is scheduled to begin operations in mid-2028, with an annual production capacity of up to 1.2 million units. The company also plans to expand the project to meet demand in local and international markets.
The project is part of the SCZone's initiative, in cooperation with the Administrative Control Authority (ACA), to diversify the zone's industrial base by supporting the expansion plans of industrial investors and companies seeking to increase production and exports.
Turkish companies have shown growing interest in industrial projects in the SCZone in recent years, as Turkey seeks to boost its investments in Egypt and raise bilateral trade between the two countries to $15 billion over the next few years, up from $9 billion in February 2026.
The agreement also forms part of Egypt's strategy to attract more investment, expand the localization of advanced industries, including specialized engineering industries, support value-added manufacturing, and strengthen integration across supply chains in the SCZone.
The SCZone attracted $7.1 billion in investments during FY2025/2026, which ended on 30 June, despite escalating regional conflict that disrupted global trade.
The zone is also expected to add between $3 billion and $5 billion annually to Egypt's GDP over the medium term if its industrial and logistics activities grow by 10 to 12 percent a year.
Meanwhile, Egypt has been working to increase exports by strengthening partnerships with local and foreign private-sector companies to support the economy amid temporary capital flow pressures and disruptions to international supply chains since the start of the US-Israel war on Iran.
In this context, the government is seeking to expand export-oriented manufacturing, particularly in textiles, engineering industries, and transport equipment, which are key drivers of industrial growth and job creation under the National Industrial Strategy.
The industrial sector is one of Egypt's five priority sectors and is expected to contribute 64 percent of economic growth in FY2026/2027, while manufacturing is projected to account for 29 percent of growth during the current fiscal year. Egypt's investment-to-GDP ratio is also expected to reach 17 percent.
The government also aims to increase the industrial sector's contribution to GDP from 15 to 20 percent by 2030 and raise non-oil exports to $115.8 billion.
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