Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel El-Wazir, has approved the establishment of a new Pyramids Metal Forming plant on a 20,000-square-meter site to produce steel sheets for automobiles and home appliances.
The announcement came during the Minister’s inspection tour of industrial zones and factories in the 10th of Ramadan Industrial City, Sharqia Governorate, aimed at reviewing production progress and addressing operational challenges.
During the visit, El-Wazir toured six factories specializing in rolling, galvanizing, and coating flat steel sheets, as well as textile production. He inspected the existing Pyramids factory, which covers 16,000 square meters, operates with a capital of EGP 5 million, and achieves annual sales of EGP 675 million. The plant’s output includes 1 million m² of panel steel sheets and 500,000 tons of colored and slit steel annually, with 35% local components. Around 10% of its production is exported, and it employs 300 workers.
The Minister instructed officials to study the construction of a loading dock along the 10th of Ramadan–Belbeis railway line to facilitate the transport of goods to domestic markets and export ports.
Other facilities visited included:
El-Gallad Steel: 25,000 m² facility with EGP 5 billion capital, producing 8,000 tons of cold-rolled steel sheets monthly (30% local content, 15% exports), employing 125 workers. The company plans a $3 million upgrade to boost output to 13,000–15,000 tons per month.
Ataya Company: Specializes in bridge bearings and expansion joints, producing 6,000 elastomeric bearings, 300 mechanical bearings, and 2,000 rubber expansion joints monthly (79% local content), employing 103 workers.
Kama Metals Complex: 77,000 m² facility producing 900,000 tons annually of galvanized and painted cold-rolled steel coils, employing 984 engineers and workers.
Kama Metal Processing Plant: 22,000 m², over EGP 155 million in capital, producing 95,000 tons annually (98% local content, 20% exports), employing 465 staff. The Minister inaugurated a new line for aluminum and steel sheets used in building facades, metro and train stations, and road barriers, urging coordination to adopt them as a cost-effective alternative to aluminum cladding.
Egy Denim: Textile plant with over $3 million in capital, 100% local content, 10% exports, and 130 employees.
El-Wazir emphasized that the government remains committed to supporting industrial expansion, boosting local manufacturing content, and enhancing Egypt’s export competitiveness.
