Prime Minister Dr. Mostafa Madbouly inaugurated the “Qing Shan” steel pipe factory during his visit to the integrated Sokhna Industrial Zone, which falls under the General Authority for the Suez Canal Economic Zone. The factory is located within the “Teda Egypt” industrial developer area.
During the opening ceremony, Madbouly stated that this project comes as part of the government’s continuous efforts to localize the metal industries, which are a fundamental pillar of many production sectors. He emphasized that the government attaches great importance to supporting serious investments capable of enhancing national industrial capacities and increasing employment rates.
Madbouly listened to a briefing from Lin Cheng Jia, Chairman of the company, about the operation of the slitting, pipe forming, and polishing machines, and also inspected the factory’s final products.
For his part, Lin Cheng Jia explained that the factory specializes in producing welded and drawn steel pipes and their accessories, as well as manufacturing metal furniture and shaping and cutting sheet and stainless steel products of all kinds.
He added that the factory is built on an area of 25,000 square meters, with investments amounting to $4.5 million, and an annual production capacity of around 17,000 tons of various metal products. The factory also provides 120 direct job opportunities.
He further noted that the factory produces 100,000 tons annually of stainless-steel pipes, 4,800 tons of stainless-steel sheets, and 2,400 tons of various metal furniture.
Meanwhile, Waleid Gamal El-Dien, Chairman of the General Authority for the Suez Canal Economic Zone, said that this project reflects the diversity of the industrial base within the economic zone and reaffirms investors’ growing confidence in the Authority’s business environment.
He pointed out that the world-class infrastructure and utilities developed by the Authority—with the support of state institutions—were a key factor in the successful establishment of such diverse projects within the zone.
