Egyptian Businessman Ahmed El-sewedy's Electric Firm Launches Telecom Cables Factory

Elsewedy Electric, the multinational cable and electrical equipment manufacturer led by Egyptian businessman Ahmed El-Sewedy, has opened a new telecom cables factory in 10th of Ramadan City. The facility marks a major step in expanding Egypts telecom infrastructure and solidifying the countrys position as a regional manufacturing hub.

Built with an investment of EGP2 billion 39.8 million, the factory will produce fiber optic and copper communication cables, along with other essential telecom components. Nearly half of the raw materials come from local suppliers, underscoring Elsewedys push to boost Egypts industrial base while meeting global demand.

Industry and Transport Minister Kamel Al-Wazir highlighted the factorys importance in strengthening Egypts manufacturing sector. He noted that its certification by the National Accreditation Council will open doors for international exports, further enhancing the countrys role in the global telecom market.

Elsewedys new factory is set to strengthen both local telecom production and exports. Covering 70,000 square meters, the facility has the capacity to produce 4 million kilometers of fiber optic cables and 200,000 kilometers of copper cables each year. Half of this output is designated for export, reinforcing the companys push into international markets.

This launch marks a significant step in Egypts industrial growth and our efforts to expand globally, said Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport. We are committed to driving economic progress through local manufacturing and innovation.