Tuesday 20/May/2025 – 10:07 am
Today, Dr. Mustafa Madbouly, Prime Minister, participated in the opening activities of the new factory for the company “SE and Iring Systems Egypt”, which is one of the company “Sumitomo Electric and Iring Systems europ”, which follows “Sumitomo” global, in the tenth of Ramadan.
The opening of the new factory for Sumitomo International to produce electric braids
The new factory is one of the largest factories in the world to produce electric braids, as it includes integrated section for the electric braids industry for cars using the latest technologies and production lines, as well as an academy for training, in addition to a research and development center, and the new factory is an environmentally friendly facility, which contains an integrated system of solar energy.
The Prime Minister affirmed the government’s keenness to provide various aspects of support to the company to conduct new expansions in the Egyptian market, which represents a major production and export axis; Because he possesses all the capabilities and investment ingredients, and the availability of qualified workers and distinguished engineering cadres, in addition to Egypt’s association with many commercial agreements that increase the rates of enforcement and competitiveness of Egyptian products in global markets.
Upon his arrival, the Prime Minister went to the main hall in which the opening activities of the new factory were held, and Mohamed Hammam, Deputy Managing Director of Sumitomo Egypt, presented a summary of the new factory, which started by welcoming the Prime Minister, his deputy for industrial development, Minister of Industry and Transport, Eastern Governors and Port Said, on this exceptional day that witnesses the celebration of a new stage of the partnership march between the company Sumitomo Egypt, and the Arab Republic of Egypt.
The deputy managing director of the company indicated that this achievement is added to a busy record that began in 2008, with an ambitious vision of a leadership that believed in the capabilities of this country, and that the Egyptian person, when he has the opportunity, makes miracles, saying: “Over the course of two decades, we were – and we are still – partners in the development process, driven by the values of innovation, quality and excellence.” Thanks and appreciation to the Prime Minister and to all the supportive government agencies, which supported us and made all the challenges before us, so you were the true bond at every stage.
Muhammad Hammam said: “By the grace of God first, then with the efforts of all loyal people, we celebrate today the opening of our new factory in the city of Tenth of Ramadan … and this factory is not just an expansion of production or industrial structure, but rather a symbol of confidence firmly in the future of this country, and evidence of our belief that Egypt is the land of opportunities, and the field of real achievement.”
He added: “The Egyptian manpower is among the engineers, technicians, and leaders within our company, have proven their efficiency and merit at the highest levels, and they became a model to be followed in the Sumitomo Global Group, and they achieved results and achievements, most notably: that, for four consecutive years, we have become the largest source in the free zone of the Arab Republic of Egypt, with sales exceeding 300 million euros annually Achievement, is the fruit of a mighty effort and a real dedication, from our engineering and skilled engineering teams. “
He pointed out that what the company celebrates today is not the end of the road, but rather a new start towards further growth, towards a stronger partnership between the private sector and the government … towards an Egyptian economy more prosperous and sustainable, repeating his thanks for the presence of the Prime Minister, and the continuous support that the company is proud of.
