# Yazaki to build braided wire factory in Egypt with €20M investment

Yazaki Europe Limited will establish a 60,000-square-metre factory in Fayum, Egypt, to produce braided wires for cars, with initial investments of €20 million. The MoU was signed on April 5, 2022, and production is expected to start by July 2023, creating around 3,000 jobs.

- Type: New facility
- Announced: 2022-04-05
- Where: Fayum governorate, Egypt
- Value: $22.0M (20.0M EUR)
- Jobs: 3,000
- Starts operating: Jul 2023
- Status: announced
- Products: braided wires for cars
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Yazaki Europe Limited](https://endata.com/companies/62095.md)

## Sources

- [english.ahram.org.eg](https://english.ahram.org.eg/NewsContent/3/12/464084/Business/Economy/Japan;s-Yazaki-to-establish-factory-in-Egypt-with-.aspx), 2022-04-05: "The project is set to start production by July 2023, creating around 3,000 jobs."

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