EGFCO is inaugurating a polyethylene pipe manufacturing plant in the 10th of Ramadan City.
في يوم 15 أكتوبر، 2024 | بتوقيت 5:50 م
كتبت: شيربن محمد
EGFCO (Gas Egypt GF Corys Piping Systems), a joint international investment consortium, has announced the completion of a major polyethylene pipe manufacturing plant in Egypt. The consortium consists of Egypt’s Petroleum Sector, represented by Egypt Gas, along with GF Piping Systems (Switzerland) and GF CORYS Middle East (UAE).
Eng. Karim Sadek, Managing Director of EGFCO, stated that the factory produces polyethylene pipes for the gas and water distribution market, supplying products for Egypt’s Infrastructure sectors such as natural gas distribution, water, and irrigation. This will help meet the growing demands of the local market and improve infrastructure services in line with the government’s plans and President Abdel Fattah El-Sisi’s vision.
Sadek revealed that the construction phase in the industrial zone of 10th of Ramadan City has been completed. He noted that the project is part of a broader plan to support Egypt’s infrastructure projects aligned with the Egyptian government’s vision under President El-Sisi. He added, “This investment is part of the continuous efforts to support national development projects aimed at improving the quality of life and enhancing key sectors in Egypt in the near future.”
Sadek emphasized that the project will significantly contribute to Egypt’s major national projects, particularly the “HAYAT KARIMA” initiative launched by President El-Sisi to improve living conditions in rural areas, and the “Moskabal Misr” project, which focuses on enhancing agricultural and industrial development. These initiatives aim to bring about a transformative change in the services provided to the community and achieve sustainable development, which aligns with the Egyptian government’s ambitious goals.
Sadek also highlighted that the new factory will boost production capacity for pipes, addressing the growing local demand. Additionally, EGFCO plans to expand its export operations to new markets across North and East Africa. He explained that the Egyptian market is the gateway for growth and development on the African continent.
Sadek expressed his expectations that this project will enhance the company’s position in both the Egyptian and African markets, reflecting EGFCO’s commitment to contributing to Egypt’s economic development and strengthening its infrastructure sector. Furthermore, the project aligns with the national strategy to transform Egypt into a regional hub for manufacturing and exporting in various fields.
It is worth noting This partnership with Switzerland’s GF Piping Systems and UAE’s GF CORYS ME, alongside Egypt Gas, will bring global expertise and advanced technologies to the Egyptian market, enhancing both quality standards and efficiency. The consortium reflects international confidence in Egypt’s investment climate and the strength of its market, underlining a shared vision for a better future through collaborative efforts between the private sector and the government