20-05-2025
Egypt Accelerates Automotive Manufacturing with Inauguration of Sumitomo's Mega Factory
Prime Minister Mostafa Madbouly has officially inaugurated the new 'SI Wiring Systems Egypt' plant, a subsidiary of Sumitomo Electric Systems Europe, in 10th of Ramadan City. With an investment of €22 million, the factory spans 150,000 square meters and is poised to create approximately 3,000 direct jobs.
Describing the facility as one of the largest of its kind globally, Madbouly emphasized its strategic importance in producing electrical wiring harnesses for vehicles. The factory currently exports more than €300 million worth of products annually and employs over 12,000 Egyptians across its operations.
Madbouly noted that Egypt is rapidly positioning itself as a global hub for automotive component manufacturing, supplying major car manufacturers worldwide. He also highlighted that the factory was granted the Golden License in September 2023, broke ground in December, and achieved full operational status by the end of 2024—an impressive timeline made possible by streamlined procedures and strong investor collaboration.
The facility includes a specialized training center to equip young Egyptians with the skills needed for this precision-driven industry. Notably, women make up over 40% of the workforce, underscoring the factory's inclusive employment approach.
Praising Sumitomo's commitment and efficiency, Madbouly pointed to this project as a benchmark for future industrial partnerships, adding that similar fast-track initiatives are underway with other international firms to bolster Egypt's industrial output and exports.
