Cairo – Mubasher: Bel Egypt announced a EUR 150 million investment to anchor its regional and global industrial footprint, according to a press release.
Spanning more than 28,720 square meters, the company’s 10th of Ramadan plant is part of its forward-looking industrial roadmap.
Bel Group has invested in a new production line, which is now operational, reinforcing Egypt’s role as a regional export platform serving 19 countries worldwide.
Meanwhile, the group employs over 1,500 people, fostering an inclusive workplace rooted in diversity, equity, and equal opportunity.
Garo Matossian, Cluster General Manager for Bel Middle East, commented: “Through sustained investments and strong local partnerships, Bel Egypt plays a decisive role in supporting regional markets while contributing to Egypt’s economic development and to the transformation of food systems toward greater sustainability.”
Hany Arram, Regional Director for Bel Egypt and Northeast Africa, noted: “Bel Egypt has consolidated its position as a regional export hub, with 80% of our production reaching international markets, generating EUR 1.40 billion in exports over the past 15 years. Local sourcing is also a key lever of our impact, with 90% of our packaging materials procured from Egyptian suppliers.”
