Haier Egypt starts fridge production at 10th of Ramadan industrial park in September

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The company aims to invest $50 million in manufacturing other products to be exported abroad

Staff Writer, Arab Finance

August 13, 2024

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Arab Finance: Haier Egypt, a manufacturer of home appliances, will start producing fridges and freezers at its industrial park in the 10th of Ramadan City in September, Chairman Ahmed El Gendi stated.

This came during a meeting with Prime Minister Mostafa Madbouly to follow up on the implementation of the park’s phases.

The company’s industrial park has been recently opened with investments estimated at $165 million in its first two phases and $65 million in the third one, El Gendi said.

El Gendi also noted that the company aims to invest $50 million in manufacturing other products to be exported abroad.

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