Turkish Beko opens 46th factory in Egypt, key officials attending
Türkiye’s Beko, a leading global manufacturing company, has inaugurated its 46th factory in Egypt. This new facility, located in the 10th of Ramadan Industrial Zone near Cairo, represents a $110 million investment and is the first of its kind in the Middle East for Beko.
The factory aims to serve both Egypt and surrounding markets, which include countries with a combined population of over 500 million.
Beko’s regional leadership and production goals
The facility is expected to reach an annual production capacity of 1.5 million units, producing a variety of household appliances, including refrigerators, cooking appliances, and dishwashers under the Beko, Whirlpool, Ariston, Indesit, and Hitachi brands. “60% of the products manufactured at this factory will be exported to the Middle East, Africa, and Europe,” said Beko CEO Hakan Bulgurlu.
In Beko Egypt‘s Instagram page, the announcement was made by saying, “Beko has always been dedicated to delivering the finest European quality in home appliances. Today, we proudly fulfill this commitment by Egyptian hands with the grand opening of our new factory, attended by Prime Minister Mostafa Madbouly and Minister of Transportation, Kamel Al-Wazir. This milestone is part of our vision to make Beko an essential partner in every Egyptian home.”
The factory will create 2,000 jobs and contribute to Beko’s goal of becoming a leader in the Middle East and North Africa (MENA) region. Beko currently ranks among the top three companies in Egypt’s market and is the market leader in dishwashers.