The General Authority for Investment and Free Zones (GAFI) and the Elsewedy Group are considering the establishment of the first private investment zone in Egypt.

Elsewedy Industrial Development Company and Crystal Group signed an agreement to establish an integrated industrial complex for spinning and weaving industries, with initial investments of $350 million.

Elsewedy Industrial Development Company has signed a land sale agreement with the Polish company Fruitful, which is the first of its kind in the frozen food industry sector.

Elsewedy Industrial Development Company and CJN, a leading Chinese company in the phosphate industry, signed an agreement to establish one of the largest specialized phosphate chemical industrial complexes in the Middle East

Elsewedy Industrial Development Company and Xinmin Glass Egypt Company signed a deal to establish a new factory for the production of glassware, pyrex products, and glass tableware within the Sokhna 360 area,

Rosetta for Energy Solutions, a subsidiary of TAQA Arabia, has signed a memorandum of understanding (MoU) with Elsewedy Industrial Development to supply liquified natural gas (LNG) to El Sewedy Industrial City (EIC) in Tanzania.

Elsewedy Industrial Development, a subsidiary of Elsewedy Electric, has signed a land allocation contract with Futurefert Egypt, a subsidiary of UAE-based Sharkia Holding Limited, to establish a green fertilizer plant in Ain Sokhna Industrial Zone’s Sokhna 360 project.

The French home appliances manufacturer Mienta will establish its third factory and warehouse in Egypt with $5 million in investments.

Elsewedy Industrial Development, a subsidiary of Elsewedy Electric, has signed a land allocation contract with Japan’s Torishima Service Solutions for the establishment of a water pumps maintenance center with $5 million in investments.