Cairo, Egypt – A groundbreaking new plant, valued at EGP 1 billion, was inaugurated on Thursday by Swiss-based GF Piping Systems, Egypt’s Gas Company, and the UAE’s Green Coast Enterprises. This state-of-the-art facility, strategically located in the Greater Cairo area, is poised to revolutionize the region’s infrastructure landscape by providing reliable and efficient piping solutions.

Spanning 25,000 square meters, the plant will specialize in the production of high-quality HDPE and MDPE pipes, tailored to meet the specific needs of the regional market. By localizing production, the partnership aims to significantly reduce lead times, enhance supply chain reliability, and minimize the carbon footprint associated with international transportation.

“This new plant reflects our commitment to creating infrastructure that is not only functional but also sustainable, aligning with Egypt’s goals for the future,” said Mohammed Abdulghaffar Hussain, executive director of Green Coast Enterprises. “By working together with GF Piping Systems and Egypt Gas, we are building sustainable infrastructure that supports Egypt’s vision for the future.”

Wael Gowayed, chairman of Egypt Gas, emphasized the plant’s potential to create jobs, stimulate economic growth, and strengthen supply chain resilience.

The new plant will play a crucial role in supporting local projects and positioning Egypt as a gateway to Africa. By providing high-quality, durable flow solutions, the facility will contribute to the region’s industrial growth and development.

[ⓒ Global Economic Times. 무단전재-재배포 금지]