Madbouly inaugurates OPPO’s mobile phone factory in Egypt

Prime Minister Mostafa Madbouly inaugurated OPPO’s new mobile phone factory in 10th of Ramadan City, marking a major step in the company’s $50 million investment plan to expand manufacturing operations in Egypt, as per a statement.

Madbouly said the factory’s opening aligns with the goals of the presidential initiative Egypt Makes Electronics, which seeks to make the electronics industry a key pillar of Egypt’s economic growth, double exports, and reduce imports of electronic and electrical devices.

He praised Egyptian engineers, technicians, and workers for their high craftsmanship and quality, noting that their products match those produced in developed countries.

The prime minister added that the initiative has already delivered tangible results, including a rise in exports, more local companies entering the market, and the establishment of international manufacturing facilities for mobile phones, tablets, and fiber optic cables in Egypt.

Minister of Communications and Information Technology Amr Talaat said that the factory creates 2,000 jobs and strengthen Egypt’s position as a regional hub for electronics manufacturing, he added.