In a press conference following the inauguration of the Bosch home appliances factory in 10th of Ramadan City, Madbouly extended his greetings to President Abdel Fattah El Sisi and the Egyptian people on the upcoming anniversary of the June 30 Revolution, describing it as a cherished milestone that set Egypt back on the right course.
The prime minister noted that the newly inaugurated Bosch facility represents the third major plant in Egypt’s home appliances sector, following earlier inaugurations of the Chinese company Haier and Turkey’s Beko.
He underlined that these achievements were the result of the Egyptian state’s proactive approach, personally reaching out to top executives and convincing them of Egypt’s strong appeal as an investment destination.
Madbouly explained that the government succeeded in granting these companies direct land allocation and the golden license, while removing all obstacles to expedite the establishment of their factories.