Egypt office supplier Mintra targets $50m exports in 2 years

Egypt office and household supplier Misr for Industry and Trade -Mintra seeks to make exports worth $50 million within the coming two years backed by its newly-founded factory for plastic household items production.

The targeted growth in exports would be achieved through boosting the factory’s production capacity to 20,000 tonnes yearly, announced Mintra’s managing director Hani Qessis.

Qessis said to Amwal Al Ghad that the factory has started the production process since the beginning of the current year with investments worth $50 million.

The factory is with current production capacity of 5,000 tonnes, built on an area on 60,000 metres at the industrial free zone in Nasr city, employing about 2500 workers, he stated.

The volume of Mintra’s investments currently amounts to 700 million Egyptian pounds, Qessis added.