Egypt’s Cabinet approved on Thursday the launch of contracting procedures with Elsewedy Electric to establish a factory for manufacturing electrical wiring harnesses and related components in Fayoum governorate.
The factory will be built on a 22.6-feddan site in the Monshaat Kamal district of Fayoum, according to a Cabinet statement.
The government did not disclose the project’s investment value or expected production capacity.
Attribution: Amwal Al Ghad English
Subediting: Y.Yasser