Egypt's Sustainable Industrial Growth in Alexandria Free Zone
Key Ideas
- Minister El Khatib showcases Egypt's commitment to eco-friendly industrial practices and export-oriented investments in Alexandria Free Zone.
- Companies like Lord International and Alex Apparels lead the way in sustainable manufacturing and energy-efficient processes.
- Egyptian German Porcelain Company's significant investment in modern technologies highlights the country's focus on industrial growth and innovation.
- The expansion and upcoming projects in the zone signal a positive outlook for Egypt's industrial sector and global competitiveness.
Minister of Investment and Foreign Trade, Hassan El Khatib, demonstrated Egypt's dedication to sustainable industrial practices during a tour of factories in the Alexandria Free Zone. The zone, hosting 417 projects, is Egypt's largest and most export-oriented free zone. El Khatib highlighted the ministry's initiatives for clean energy transition and incentives for eco-friendly companies, including the use of solar power. Companies like Lord International and Alex Apparels showcased their commitment to sustainability, with Lord International shifting to using hydrogen in manufacturing to enhance eco-friendliness. Alex Apparels, a major exporter of garments, expanded its facilities while focusing on green building standards. Future plans include establishing new factories with eco-friendly practices. Nile Linen Group and Egyptian German Porcelain Company also demonstrated advancements in technology and sustainability. The investment in modern technologies by Egyptian German Porcelain Company underlines Egypt's industrial growth and innovation. The overall outlook for Egypt's industrial sector in the Alexandria Free Zone appears promising, with a strong emphasis on sustainability and global competitiveness.