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Simplex for Industrial Solutions and Software announced a new 5,000 sqm CNC machine factory in the 10th of Ramadan City Industrial Zone, Egypt, with planned investments of EGP 100 million to raise production and export to about 15 countries over three years.
“the company has an ambitious plan to increase production rates of CNC machines with investments of EGP 100m to meet the needs of the local market and export to neighbouring countries.”dailynewsegypt.com
Summarized from public sources; check the original articles before acting on it.