Egypt’s Roxy Plast to open piping system plant in Nigeria next year

Egypt’s ROXY For Metal and Plastic Products (Roxy Plast) is planning to open a plant for piping systems in Nigeria in 2023, said its vice chairman on Monday.

Speaking at the seventh edition of Builders of Egypt Forum in Cairo, Ahmed Mohamed Momen said his company chose Nigeria for its high population density and rich investment opportunities.

Momen added that the company exports to several African countries and targets new expansions.

Roxy Plast has already started negotiations with some African governments to explore new opportunities in their countries, he said.