Egypt Launches Major Industrial Complex to Boost Engineering Capacity
Egypt has inaugurated the first phase of the El-Gharably Industrial Complex in New Borg El-Arab City, Alexandria. This significant industrial facility is designed to enhance the country's engineering capabilities. The complex spans 315,000 square meters and has an annual production capacity exceeding 100,000 tonnes. It currently employs around 3,000 workers, with plans to increase this number to 5,000. The facility includes a steel structures factory, extensive maintenance workshops, and a plant for industrial and medical gases. The complex is managed by Moataz El-Gharably and aims to partner in railway wagon manufacturing, agricultural machinery, and pipe production. The project also involves a joint venture with Poland's Tabor to establish a railway wagon factory, with an investment of 25 to 40 million euros, expected to produce 300 wagons annually and create 500 new jobs.