Cairo - Mubasher: The value of Egypt's industrial production surged 10.7% y-o-y in the second quarter of the fiscal year 2015/16, according to the Central Agency for public mobilization and statistics (CAPMAS).
The country's total industrial production value (without petroleum) reached EGP 93.9 billion during the second quarter of FY15/16 compared to EGP 84.9 billion for the similar period of the previous year.
Coke and Petroleum products activity represents most important economic activities, which contribute by 17.7% of industrial production value, followed by food products industrial activity by 14.7%, iron and steel industrial activity by 6.5%.
The total production value for food products manufacture reached EGP 23.2 billion for the second quarter of FY15/16 compared to EGP 22 billion for the same period of the preceding year.
Meanwhile, the total production value for manufacture of the pharmaceutical industry stood at EGP 4.9 billion in Q2-FY15/16, up 21.8% y-o-y due to the increase of increasing the proportion of new medicines contracts.
