Latest news with #SEWiringSystemsEgypt
Egypt Independent
21-05-2025
- Business
- Egypt Independent
PM: Top priority to industry, investment incentives
Prime Minister Mostafa Madbouly on Tuesday, May 20, 2025 said that great importance is attached to the industrial sector, in line with directives of President Abdel Fattah al-Sisi. Madbouly highlighted the government's continued efforts to provide more facilitation and incentives as well as remove any obstacles that may face the industrial sector, with a view to attracting further investments in this vital sector that is considered a cornerstone for achieving comprehensive development and meeting Egypt's targeted economic goals. The premier made the remarks on the sidelines of the inauguration of a new factory of SE Wiring Systems Egypt, a subsidiary of Sumitomo Electric Systems Europe, located in the 10th of Ramadan City, Sharqia Governorate. Madbouly affirmed the government's commitment to localizing industries and transferring cutting-edge technical technologies to Egypt across various manufacturing fields, in order to boost the competitiveness of local products and open up new export markets for Egyptian goods. Following the inauguration ceremony, Madbouly toured the new factory to get first hand information about its manufacturing processes, production capacity and various activities. He was accompanied by Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel el Wazir, Sharqia Governor Hazem el Ashmouny and Port Said Governor Moheb Habashi. Madbouly was also accompanied by Deputy Minister of Finance for Tax Policies Sherif Elkilany, CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba and Industrial Development Authority (IDA) chief Nahed Youssef. The inauguration ceremony of the factory was attended by Japanese Ambassador to Egypt Iwai Fumio, Sumitomo Global President and Chief Executive Officer Kenichi Urushibata alongside a host of officials of Sumitomo and Toyota companies. With investments worth 22 million euros, the factory is built on an area of 150,000 square meters and is expected to create approximately 3,000 direct job opportunities. The facility is considered one of the largest in the world dedicated to the production of automotive wiring harnesses.
Daily News Egypt
21-05-2025
- Business
- Daily News Egypt
PM inaugurates SE Wiring Systems Egypt factory in 10th of Ramadan City
Prime Minister Mostafa Madbouly took part in the inauguration of SE Wiring Systems Egypt's latest manufacturing facility in 10th of Ramadan City on Tuesday. The company is a subsidiary of Sumitomo Electric Wiring Systems (Europe), operating under the global conglomerate Sumitomo Group. The newly launched plant is considered one of the largest automotive wiring harness production facilities worldwide. It features fully integrated departments equipped with state-of-the-art technologies and advanced production lines, as well as a dedicated training academy and a research and development center. Notably, the facility is environmentally friendly and powered in part by a comprehensive solar energy system. Mohamed Hammam, Deputy Managing Director of Sumitomo Electric Egypt, presented an overview of the new plant, noting that the total project area spans 150,000 square meters. The current built-up area occupies approximately 23,000 square meters—about 15% of the total land area—comprising the first phase of development. Hammam stated that the existing production hall covers 12,500 square meters, with 60% currently in operation and the remaining 40% allocated for future expansion. Full utilization of the facility is anticipated by 2027. At present, the factory employs 2,000 workers, with plans to increase the workforce to 3,000 by the end of 2025. All operators, technicians, and engineers at the facility are local hires who have undergone certified training provided by the parent company. Their performance has demonstrated skill levels comparable to European factory standards. 'For the first time in Sumitomo Egypt's history, all machinery installation and preparation work was carried out entirely by our local technical team,' Hammam emphasized. 'This unprecedented challenge was successfully accomplished by the Egyptian team.' He further noted that the 10th of Ramadan factory currently operates 53 machines for various applications, with a production capacity of 10 million wires per month. This number is expected to rise to 130 machines, enabling a monthly output of 26 million wires. Hammam added that the facility currently houses 170 wire cutting and preparation machines—making it the Sumitomo site with the highest number of such machines in Europe, and operating at peak efficiency. He also highlighted an ambitious initiative to localize the production of wiring harness components. This effort is led by a permanent in-house team dedicated to innovation and reducing reliance on imports. All locally produced components have successfully passed rigorous testing and calibration, with many performing on par with—or even exceeding—the quality of parts imported from the European headquarters. As a result, several other companies in the sector are now seriously considering sourcing these components from Egyptian suppliers. 'We currently produce 1.8 million wiring harnesses per month in Egypt,' Hammam stated. 'At the 10th of Ramadan facility alone, we manufacture 650,000 harnesses each month, with plans to increase to one million by year's end.' He also revealed that wiring harnesses for a specific car brand have been entirely produced in Egypt. Production for a locally assembled version of that brand will begin at the 6th of October factory in March 2025, with a maximum daily capacity of 270 harnesses. Hammam went on to explain that the company has equipped all its Egyptian factories with integrated solar power systems to support clean energy use and reduce carbon emissions. This investment aligns with Egypt's Vision 2030 and its climate commitments. The solar system, representing an investment of approximately €1 million, generates up to 3.2 megawatts of energy. Founded in 2008, SE Wiring Systems Egypt S.A.E. operates under the Private Free Zones system. It specializes in manufacturing electrical wiring systems and cables for various vehicle types. With investments totaling around €160m, the company provides over 12,000 jobs across its facilities in 6th of October City, 10th of Ramadan, and Port Said. SE Wiring Systems Egypt currently operates five factories in Port Said and two in 6th of October City. The company exports its entire production to countries such as the UK, France, Turkey, Italy, the Czech Republic, and Slovakia, achieving annual exports exceeding €300m.
Al-Ahram Weekly
20-05-2025
- Automotive
- Al-Ahram Weekly
Japanese car parts giant Sumitomo opens new €22 mln plant in Egypt - Markets & Companies
Prime Minister Mostafa Madbouly inaugurated a €22 million factory for car wiring systems in 10th of Ramadan City, operated by the Japanese company Sumitomo Electric on Tuesday. The facility, one of the world's largest for manufacturing electrical wiring harnesses for vehicles, is run by local subsidiary SE Wiring Systems Egypt. It will produce for export and create around 3,000 jobs. The factory occupies part of a 150,000-square-metre site, will create around 3,000 direct jobs, and is planned to be fully operational by 2027. Sumitomo already runs 14 factories in Egypt—in Port Said, 6th of October City and 10th of Ramadan—with a combined workforce of 12,000. All output is exported, generating €900 million in sales over the past five years, including €260 million in the last year. The new plant includes production lines, a training centre, and a research and development facility. It is also equipped with a solar energy system. At the launch, Madbouly said the site would strengthen Egypt's global automotive supply chain position. He added that manufacturers, including Toyota, now source wiring components from Egypt. The factory is also working with the Ministry of Education to train vocational students. It can accommodate up to 600 trainees a day. During the factory's opening ceremony, Japan's ambassador to Egypt, Fumio Iwai, described the project as a model for private-sector cooperation and said Japan would continue to support Egypt's industrial development. Egypt's Minister of Industry and Transport Kamel El-Wazir and a host of officials representing Sumitomo's global heads and directors were also in attendance. Follow us on: Facebook Instagram Whatsapp Short link:
Egypt Independent
20-05-2025
- Business
- Egypt Independent
PM: Presidential directives to give top priority to industry, provide further investment incentives
10TH OF RAMADAN CITY, Egypt, May 20 (MENA) – Prime Minister Mostafa Madbouly on Tuesday said that great importance is attached to the industrial sector, in line with directives of President Abdel Fattah al-Sisi. Madbouly highlighted the government's continued efforts to provide more facilitation and incentives as well as remove any obstacles that may face the industrial sector, with a view to attracting further investments in this vital sector that is considered a cornerstone for achieving comprehensive development and meeting Egypt's targeted economic goals. The premier made the remarks on the sidelines of the inauguration of a new factory of SE Wiring Systems Egypt, a subsidiary of Sumitomo Electric Systems Europe, located in the 10th of Ramadan City, Sharqia Governorate. Madbouly affirmed the government's commitment to localizing industries and transferring cutting-edge technical technologies to Egypt across various manufacturing fields, in order to boost the competitiveness of local products and open up new export markets for Egyptian goods. Following the inauguration ceremony, Madbouly toured the new factory to get first hand information about its manufacturing processes, production capacity and various activities. He was accompanied by Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel al-Wazir, Sharqia Governor Hazem el Ashmouny and Port Said Governor Moheb Habashi. Madbouly was also accompanied by Deputy Minister of Finance for Tax Policies Sherif Elkilany, CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba and Industrial Development Authority (IDA) chief Nahed Youssef. The inauguration ceremony of the factory was attended by Japanese Ambassador to Egypt Iwai Fumio, Sumitomo Global President and Chief Executive Officer Kenichi Urushibata alongside a host of officials of Sumitomo and Toyota companies. With investments worth 22 million euros, the factory is built on an area of 150,000 square meters and is expected to create approximately 3,000 direct job opportunities. The facility is considered one of the largest in the world dedicated to the production of automotive wiring harnesses. (MENA)
Egypt Independent
20-05-2025
- Automotive
- Egypt Independent
PM: SE Wiring Systems Egypt giant edifice
Prime Minister Mostafa Madbouly on Tuesday, May 20, 2025 said that SE Wiring Systems Egypt, a subsidiary of Sumitomo Electric Systems Europe located in the 10th of Ramadan City, represents a massive industrial milestone. Spanning an area of 150,000 square meters, the facility is one of the largest automotive electrical wiring harness production plants in the world, Madbouly said in a press conference following the opening of the factory. The wire harness factory is the fourth Sumitomo factory in Egypt, Madbouly said, adding that it provides job opportunities for 12,000 Egyptian workers and increases annual exports to more €300 million. He highlighted that the electrical wiring harness industry is a highly specialized field, and Egypt has become a key hub for manufacturing these components, supplying automotive factories around the globe. Toyota now relies on this plant to provide wiring harnesses for its vehicles worldwide, Madbouly said. Madbouly pointed to the rapid implementation of the project, stating that it was granted the golden license in September 2023, while its construction began in December of the same year, and production started by the end of 2024. The factory employs around 2,000 workers, with the number expected to reach 3,000 by the end of the year, Madbouly said, adding that the training center of the factory is helping equip young Egyptians with the skills needed for employment. The premier added that women now make up 40 percent of the factory's workforce.
