Chinese Company Opens High-Pressure Pipe Factory in Egypt, Creating Job Opportunities and Boosting Regional Development

In March, the Chinese Shen Xing Company signed a contract to transfer the usufruct of a 270 thousand square meter area within the TEDA Industrial Zone to establish a new factory designed to produce high-pressure pipes from flexible cast iron. The factory’s annual production capacity is 240 thousand tons, and it is expected to create 714 direct job opportunities.

The construction of the factory is set to be completed by the first quarter of 2025, with investments totaling $146 million. The Chairman of the General Authority of the Suez Canal Economic Zone, Walid Gamal El-Din, attended the inauguration of the foundation stone along with other Chinese officials. Chinese officials emphasized the strong collaboration and strategic partnership between China and Egypt, with this project being a testament to their successful economic cooperation.

The President of Xin Xing Ductile Iron Pipe Company expressed excitement about the company’s expansion into the economic zone, enabling them to better serve customers in Egypt and North Africa. The company plans to explore more projects in Egypt in various fields, such as the pharmaceutical industry, and looks forward to providing more job opportunities and supporting regional development. Overall, the inauguration of the factory marks a defining moment in the company’s history and showcases