The Minister emphasized the strategic importance of the cement industry, highlighting its role in meeting the country’s growing demand for construction materials for major national projects.
Heidelberg Materials Group, a leading cement manufacturer, has announced a $30 million investment in a Waste Heat Recovery (WHR) plant at its Helwan Cement Factory. This pioneering system marks the first of its kind in Egypt’s cement industry, aimed at recovering and utilizing waste energy, reinforcing the company’s commitment to sustainability and energy efficiency.
The announcement was made during a meeting between Hassan El-Khatib, Minister of Investment and Foreign Trade, and Yasser El-Naggar, Chairman of Heidelberg Materials Group, to discuss the company’s projects in the Egyptian market and its future export plans.
The Minister emphasized the strategic importance of the cement industry, highlighting its role in meeting the country’s growing demand for construction materials for major national projects.
He also underscored the sector’s contribution to supporting the local market, expanding exports to international markets, and creating thousands of job opportunities.
Furthermore, the Minister noted that the building materials sector is one of the most vital industries in Egypt, playing a key role in both domestic supply and regional and global exports.
El-Khatib also revealed that Egypt’s building materials exports reached approximately $10.635 billion in 2024, reflecting a 19% increase compared to the previous year, showcasing the sector’s significant growth and export potential.
