{"id":102411,"date":"2024-10-08T23:05:19","date_gmt":"2024-10-08T20:05:19","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=102411"},"modified":"2024-10-08T23:05:40","modified_gmt":"2024-10-08T20:05:40","slug":"1-8-m-investments-for-producing-solar-mounting-systems-in-sokhna-industrial-zone","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/1-8-m-investments-for-producing-solar-mounting-systems-in-sokhna-industrial-zone\/","title":{"rendered":"$ 1.8 m investments for producing solar mounting systems in Sokhna Industrial Zone"},"content":{"rendered":"\n<p dir=\"ltr\">About $1.8 million investments are allocated for producing high-quality aluminum frames and solar mounting systems in the Sokhna Industrial Zone.<\/p>\n\n\n\n<p dir=\"ltr\">Waleid Gamal El-Dien, Chairman of the General Authority of<a href=\"https:\/\/www.csregypt.com\/en\/gasez-recognizes-sczone-as-sdg-model-zone-partner\/\"> the Suez Canal Economic Zone (SCZONE),<\/a> witnessed this morning, at SCZONE\u2019s headquarters in the Administrative Capital, the signing ceremony for the first phase of \u201cPYRAMIDS ALU\u201d project contract to produce high-quality aluminum frames and solar mounting systems in the Sokhna Industrial Zone, within the scope of the industrial developer, <a href=\"https:\/\/www.mdc-egypt.com\/\">the main development company \u201cMDC\u201d.<\/a><\/p>\n\n\n\n<p dir=\"ltr\">The project is being implemented in three phases, the first phase begins with a factory on an area of 5,000 square meters, consisting of four \u201cPlug &amp; Play\u201d units, at an investment cost of up to $1.8 million, and provides about 42 direct job opportunities. The factory is expected to be inaugurated within two months. The contract was signed by Major General Waleid Youssef, Managing Director of the Main Development Company\u201d MDC\u201d, and Tarek Shehata, General Manager of \u201cPYRAMIDS ALU\u201d.<\/p>\n\n\n\n<p dir=\"ltr\">\u201cSCZONE has achieved pioneering steps in the green fuel localization field, as a ramification of its vision consistent with global and regional needs and providing multiple areas for investment in this sector. The investment opportunities in the field of green fuel within SCZONE are diverse, starting from the green fuel production, investment in complementary and feeding industries, investment in the infrastructure necessary to establish these projects, in addition to green bunkering services through the ports of Sokhna and East Port Said.\u201d Gamal El-Dien declared.<\/p>\n\n\n\n<p dir=\"ltr\">\u201c\u201dPYRAMIDS ALU\u201d project represents the achievement of SCZONE goals in localizing complementary and feeding industries for green fuel production and pushing forward the industry of solar energy production components, by relying on local supplies. The project is being established within 4 ready-made \u201cPlug &amp; Play\u201d units, a model adopted by SCZONE to support investors by providing spaces for factories that were previously established to accelerate the pace of production in their projects.\u201d &nbsp;Gamal El-Dien added.<\/p>\n\n\n\n<p dir=\"ltr\">It is worth noting that the \u201cPYRAMIDS ALU\u201d factory is a partnership between the Egyptian company \u201cALU AFRIC\u201d and the Chinese company \u201cALU PRO\u201d, and aims to reach a monthly production capacity of 1,750 tons, supported by two fully automatic fabrication lines and one manual production line. The project will also rely on 100% local raw materials through the Egyptian company \u201cALU AFRIC\u201d. The project is carried out under the expansion initiative for companies and industrial institutions with export capabilities within SCZONE in coordination with the Administrative Control Authority (ACA).<\/p>\n\n\n\n<p dir=\"ltr\">&nbsp;\u201cSCZONE has achieved pioneering steps in the green fuel localization field, as a ramification of its vision consistent with global and regional needs and providing multiple areas for investment in this sector. The investment opportunities in the field of green fuel within SCZONE are diverse, starting from the green fuel production, investment in complementary and feeding industries, investment in the infrastructure necessary to establish these projects, in addition to green bunkering services through the ports of Sokhna and East Port Said.\u201d Mr. Waleid Gamal El-Dien, Chairman of SCZONE declared.<\/p>\n\n\n\n<p dir=\"ltr\">\u201cPYRAMIDS ALU\u201d project represents the achievement of SCZONE goals in localizing complementary and feeding industries for green fuel production and pushing forward the industry of solar energy production components, by relying on local supplies. The project is being established within 4 ready-made \u201cPlug &amp; Play\u201d units, a model adopted by SCZONE to support investors by providing spaces for factories that were previously established to accelerate the pace of production in their projects,\u201d the chairman of SCZONE added.<\/p>\n\n\n\n<p dir=\"ltr\">It is worth noting that the \u201cPYRAMIDS ALU\u201d factory is a partnership between the Egyptian company \u201cALU AFRIC\u201d and the Chinese company \u201cALU PRO\u201d, and aims to reach a monthly production capacity of 1,750 tons, supported by two fully automatic fabrication lines and one manual production line. The project will also rely on 100% local raw materials through the Egyptian company \u201cALU AFRIC\u201d. The project is carried out under the expansion initiative for companies and industrial institutions with export capabilities within SCZONE in coordination with the Administrative Control Authority (ACA).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>About $1.8 million investments are allocated for producing high-quality aluminum frames and solar mounting systems in the Sokhna Industrial Zone. Waleid Gamal El-Dien, Chairman of the General Authority of the Suez Canal Economic Zone (SCZONE), witnessed this morning, at SCZONE\u2019s headquarters in the Administrative Capital, the signing ceremony for the first phase of \u201cPYRAMIDS ALU\u201d [&hellip;]<\/p>\n","protected":false},"author":410,"featured_media":102412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[984,13332],"tags":[12291,15680],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>$ 1.8 m investments for producing solar mounting systems in Sokhna Industrial Zone - Csr Egypt<\/title>\n<meta name=\"description\" content=\"About $1.8 million investments are allocated for producing high-quality aluminum frames and solar mounting systems in the Sokhna Industrial Zone.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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