CAIRO - 10 August 2025: government has approved the establishment of a new Pyramids Metal Forming factory on a 20,000-square-meter site to produce steel sheets for the automotive and home appliance sectors, as part of efforts to boost Egypt’s industrial capacity and exports.
The decision was announced by Kamel El-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, during an inspection tour of factories in the 10th of Ramadan Industrial Zone, Sharqia Governorate. The visit aimed to assess production operations, address industry challenges, and identify opportunities for expansion.
El-Wazir visited six major factories in the zone, including the existing Pyramids facility, which spans 16,000 square meters with annual sales reaching EGP 675 million. The plant produces 1 million m² of panel steel sheets and 500,000 tons of colored and slit steel annually, with 35% local content and 10% exported.
The Minister called for a feasibility study to establish a loading dock on the 10th of Ramadan–Belbeis railway line to improve goods transportation to domestic and export markets.
Other stops on the tour included:
- El-Gallad Steel: Produces 8,000 tons of cold-rolled steel sheets monthly; plans $3 million in upgrades to raise output to up to 15,000 tons.
- Ataya Company: Specializes in bridge bearings and expansion joints, with 79% local content.
- Kama Metals Complex: Produces 900,000 tons annually of galvanized and painted steel coils.
- Kama Metal Processing: Produces 95,000 tons annually, 20% exported; inaugurated a new aluminum and steel sheet line for building facades and infrastructure.
- Egy Denim: Textile manufacturer with 100% local content and export capacity.
El-Wazir stressed the government’s commitment to supporting industrial growth, increasing local manufacturing content, and strengthening Egypt’s position in global markets.
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