Egypt’s electronics and home appliances maker, El-Araby Group announced the first phase its industrial complex in Beni Suef will be inaugurated in October 2019 with investments of 350 Egyptian pounds CEO Ibrahim El Araby told Amwal Al Ghad.
He added that the first phase will include two plants one for manufacturing engines of the ceiling fans and the other for producing ceiling fans.
Al-Araby pointed out that the second phase includes three factories for manufacturing washing machine engines, front-loading automatic washing machines and half automatic washing machines.
Al Araby added that it will create job opportunities for 11,000 employees, adding that his group is employing 25,000 workers and engineers.
El-Araby Group has two industrial complexes in Benha and Quesna.
Together the two complexes spread across more than 386,000 square metres Benha Complex which was first established in1982 includes three factories and one subsidised manufacturing plant The Quesna Complex which is larger and more recent – inaugurated in 2001– includes nine factories and three subsidised manufacturing plants.