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Economic development

Egypt Studies Establishment of Freight Terminal on 10th of Ramadan-Belbeis Railway

Strategic Insights

— 1 min read

During a tour of factories in the 10th of Ramadan industrial zone, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir directed a feasibility study on establishing a freight terminal along the 10th of Ramadan-Belbeis railway line. The proposed site would be located in the heart of the 10th of Ramadan industrial zone, aiming to facilitate the movement of goods to consumption areas and export ports. This initiative highlights the strategic importance of metal forming in Egypt's domestic industry, supplying components for various sectors, including engineering, electrical appliances, and automobiles.

Key Takeaways:

  • The feasibility study on establishing a freight terminal along the 10th of Ramadan-Belbeis railway line aims to facilitate the movement of goods to consumption areas and export ports.
  • The proposed site would be located in the heart of the 10th of Ramadan industrial zone, covering an area of 10,000 sqm.
  • The Ministry of Industry's Productivity and Vocational Training Department will prepare skilled workers to meet the needs of Egyptian industry through partnerships with factories and private sector training centers.
  • Metal forming is a cornerstone of domestic industry, supplying components for sectors such as engineering, electrical appliances, household goods, automobiles, and infrastructure-related manufacturing.
  • Egypt enjoys competitive advantages in metal forming due to its raw material availability, advanced technology, technical expertise, and skilled labor.

Statistics:

  • The 10th of Ramadan industrial zone in Sharqia Governorate has a total of 125 factories, producing various goods, including steel sheets, textiles, and metal products.
  • The Kama for Coating and Manufacturing industrial complex has a production capacity of 900,000 tonnes of cold-rolled galvanised and colour-coated steel coils annually, employing 984 engineers and workers.
  • The Pyramids Steel company produces 1 million sqm of panel steel sheets and 500,000 tonnes of coloured and slit steel sheets annually, with 35% local content.
  • Egypt Denim Textile has over $3m in capital, 100% local content, and exports 10% of its production.

Sources:

  • [Dailynewsegypt]
  • [Egypt's Ministry of Industry and Transport]
  • [Kama for Coating and Manufacturing]
  • [Pyramids Steel]

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