Three major mobile phone factories have recently started production in Egypt with a total investment of EGP2 B, according to a press release from the Ministry of Communications and Information Technology.
The factories will produce Vivo, Nokia, and Samsung devices. The combined annual production capacity of these factories aims to reach 20 million mobile devices.
This move intends to “deepen local manufacturing” and serve as a regional hub for manufacturing and exports to the Arab and African markets”, according to the Ministry’s press release.
A further goal is to enhance the availability and affordability of mobile devices for Egyptian consumers, with the new Samsung factory intending to meet the existing customer needs in Egypt, decreasing dependence on electronics imports.
