Eng. Mohamed Reda, Chairman of Smart Window, revealed, in press statements, the company’s expansion strategy for increasing both production and export rates through reaching contracts at a value of EGP 800m by 2023 end.
The Chairman also stated that his company has offered t its premium services for Ministries buildings, Knowledge City in the New Administrative Capital, and three towers in New Alamein, in addition to implementing some projects in cooperation with several private sector entities, including Emaar Misr Company.
Reda explained that Smart Window’s participation in the implementation of such large and giant projects is due to its ability to provide smart products of very high quality, in addition to providing environmentally friendly aluminum facades, stressing that the glass produced by the company saves about 20% of the energy consumption.
He added that Smart Window adopts a strategy to localize the local industry by producing new types of its own aluminum sectors and the production requirements necessary for this industry, in a way that works to provide them to the local market and limit imports as well as exports abroad, which contributes to saving foreign currency.
For his part, Eng. Mohamed Abdel-Hadi, Executive Director of Smart Window, said that the company has a plan to increase its exports to a number of foreign, Arab, and African markets, noting that Smart Window concluded contracts earlier this year with four countries, including Kenya, Libya, Iraq, and Canada.
He pointed out the importance of the government approving an exceptional and urgent incentive package for factories and companies that aim to deepen local manufacturing to provide local alternatives to imported products, as well as export abroad.