Cairo - Mubasher: The industrial zone in South Port Said comprises 301 factories with total investments of EGP 14.136 billion and capital of EGP 3.8 billion, the Industrial Zone Manager, Alaa Al-Maliki, said in a statement on Tuesday.
The zone includes 69 garment factories, 69 metal industries factories, 19 textile factories, 19 food factories, and 18 chemical factories, and 18 electrical industries factories.
Al-Maliki referred that the industrial zone has also 11 giant factories with EGP 8.4 billion investments and EGP 2.3 billion capital, including KAPCI Coatings.
In 2016, an agreement was signed to establish 15 factories, including Pyramids Tires with EGP 3 billion investments and EGP 100 million capital and Alporsaideya For Food industries Co with EGP 500 million investments and EGP 100 million capital.
Moreover, 178 medium-sized manufacturing enterprises are found in the industrial zone with EGP 5.4 billion investments and EGP 1.4 billion capital.