The planned factory will be the Thai company’s first factory in the Middle East and Africa and will provide 1,500 jobs
The program, implemented by UNIDO with funding from the Swiss government, is being carried out in collaboration with the industrial developer Orascom within the Suez Canal Economic Zone
The factory is built on a 27,039 square meter plot of land. Its primary purpose is to produce steel structures, with an annual production capacity of 25,000 tons.
This came within the framework of El-Din's anticipated participation in the China-Egypt Zhejiang Economic Forum in Cairo tomorrow, which is scheduled for Thursday, April 18.
Chairman of SCZone, Walid Gamal El-Din, reviewed SCZone’s recent developments and financial position in FY2023/2024, until the end of February 24, during a meeting with the authority's board of directors.