# LG Egypt to add AC production line with $60M investment

LG Egypt Electronics will install a new air conditioner production line at its factory in 10th of Ramadan City, Egypt, with an initial investment of $60 million. Production is expected to start in 2018.

- Type: Expansion
- Announced: 2017-10-25
- Where: 10th of Ramadan City, Egypt
- Value: $60.0M
- Starts operating: 2018
- Status: announced
- Products: air conditioners
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [LG Electronics](https://endata.com/companies/11457.md)

## Sources

- [alborsaanews.com](https://alborsaanews.com/2017/10/25/1060328), 2017-10-25: "تعتزم شركة LG مصر للإلكترونيات، تدشين خط لإنتاج أجهزة التكييف، ضمن خطتها لزيادة استثماراتها بالسوق المحلى."

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