# Electric 2M to build $53M electrical equipment plant in Saudi Arabia

Electric 2M Group plans to open its first wholly Egyptian-owned factory in Saudi Arabia with an investment of 200 million Saudi riyals (approx. $53 million). The 6,000 sq m plant will produce electrical panels and is expected to start operations in mid-2026.

- Type: New facility
- Announced: 2025-10-15
- Where: Saudi Arabia, Saudi Arabia
- Value: $53.3M (200.0M SAR)
- Starts operating: Q3 2026
- Status: announced
- Capacity: 6,000 sq m
- Products: low voltage electrical panels, medium voltage electrical panels
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Electric 2M Group](https://endata.com/companies/87893.md)

## Sources

- [alborsaanews.com](https://alborsaanews.com/2025/10/15/1922142), 2025-10-15: "تعتزم مجموعة إلكتريك 2M لمهمات الكهرباء، افتتاح أول مصنع مصري 100% في المملكة العربية السعودية منتصف عام 2026، باستثمارات تصل إلى 200 مليون ريال سعودي."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.