The Cairo Chamber of Commerce’s Houseware Department is in the process of
establishing the first ‘houseware city’ in Egypt to include factories for the
production of houseware. The move comes with the purpose of providing local-
made alternatives to imported goods; a boon to traders, investors and consumers.
The new industrial complex will be established in the Minya region, some 250km
south of Cairo. The State’s Industrial Development Association has allocated some
150,000 square meters to establish the houseware city which is expected to start
with seven factories that would produce home and hotel porcelain items, two
factories for aluminum plated with ceramic and granite, a glass factory, a plastic
injection factory, and a plant for stainless steel home items. The primary budget for
the project’s first phase is between EGP230 – 250 million, and may increase within
five years to EGP350 – 400 million.
Goods produced in the new industrial complex should covers 25 – 30 per cent of
the needs of the Egyptian market. It aims to cover 40 – 50 per cent the market in
seven years time.
“The new factories will provide 700 job,” said Hisham Nazih, member of in
houseware department and one of the investors in the new city. He added that, so
far, the number of investors in the houseware city has reached 24.