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Egypt’s electronics and home appliances maker, El-Araby Group, to start implementing the second phase of the industrial complex in Beni Suef next year with total investments of 960 million Egyptian pounds, CEO Ibrahim El Araby revealed to Amwal Al Ghad.
Al-Araby pointed out that the second phase includes three factories for manufacturing washing machine engines, front-loading automatic washing machines and half automatic washing machines.
He added that the first phase its industrial complex in Beni Suef will be inaugurated by the end of the current with investments of 350 Egyptian pounds which includes two plants one for manufacturing engines of the ceiling fans and the other for producing ceiling fans.