Framework agreement to establish flat glass factory in Sczone signed

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Wed, 27 Mar 2024 - 12:01 GMT

BY

Wed, 27 Mar 2024 - 12:01 GMT

CAIRO – 27 March 2024: Prime Minister Mostafa Madbouli attended Wednesday the signing of a framework agreement between the Suez Canal Economic Zone (SCzone) and Saint-Gobain Glass Egypt to establish a flat glass factory in Ain Sokhna.  

 

The project will be implemented in partnership with French firms that will inject over €160 million. It will stretch on 200,000 square meters and targets to export 50 percent of the production.

 

The prospective plant will be Saint-Gobain's third as it already runs a glass factory lying on 190,000 square meters, and a mirror factory extending on 10,000 square meters.

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