\n It is expected to create around 3,000 direct jobs, with a focus on employment in the Sinai Peninsula and Suez Canal cities.\n <\/p>\n
\n The project was discussed during a meeting between Prime Minister Mostafa Madbouly and the company\u2019s chairman, identified in official statements as Cui Hongsong.\n <\/p>\n
\n The meeting was also attended by senior government officials, including those overseeing economic policy and the economic zone.\n <\/p>\n
\n Officials said aluminium products are key inputs for sectors such as packaging, transport, and construction, and that the project could support downstream industries by supplying locally produced materials.\n <\/p>\n
\n The facility is expected to manufacture products including aluminium sheets for beverage packaging, battery components, and materials used in the automotive, aviation, and railway sectors.\n <\/p>\n
\n Walid Gamal El-Din, head of the economic zone, said the project would be the first of its kind in East Port Said and could help address gaps in high-value aluminium production.\n <\/p>\n
\n Egypt has in recent years stepped up efforts to attract foreign direct investment into manufacturing, particularly in strategic sectors, as it seeks to increase exports and reduce import dependence.\n <\/p>\n