Egypt Investor Testimonials
"Heinz has a long and successful history in Egypt where we have been operating since 1991. Our production lines are constantly expanding and are managed by a workforce of around 700 Egyptians. We currently have nine production lines, producing 65 Stock Keeping Units (SKUs)-all manufactured in Egypt. We proudly export 25% of our factory output to the Middle East, North Africa, East and West Africa, Turkey and Russia."
Osman Serag El-Din, Managing Director
Procter & Gamble
P&G has been doing business in Egypt for over 30 years. We see the potential that a 90 million consumer market presents and we partner with Egypt to develop the market even further. In addition, we believe in Egypt as a hub for P&G in the region; where we export 40% of our production and we are ranked as the largest exporter in the non-oil chemicals sector. We have invested hundreds of millions of dollars in Egypt to date. Since 2011, we have established a new diapers manufacturing plant and a planning service center for the MEA region and we plan to double our investment rate over the coming two years. Consumers are at the heart of everything we do and we continue to offer leading brands that touch and improve the lives of our consumers everywhere we operate. P&G is committed to its citizenship efforts; Women represent 50% of our employees at our head office. Both of our plants in Egypt have zero manufacturing waste to landfill, and We lately called out our commitment to bringing clean water to hundreds of thousands of Egyptians in rural Egypt, part of our clean water campaign.
Karim Kamel, Vice President, Procter & Gamble Egypt and Near East region
"Our company has been operating for the last 18 years in the sector of energy distribution. The tremendous reform in the oil and gas sector over the past two years has transformed Egypt into an attractive destination for investments in exporting, producing as well as generating power. Our company has enjoyed a nice ride over the last two years with an annual income growth of 24%."
Khaled Abu Bakr, Executive Chairman