# Simplex opens CNC machine factory in 10th of Ramadan City, plans EGP 100m investment

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.

- Type: New facility
- Announced: 2021-12-04
- Where: 10th of Ramadan City, Egypt
- Value: $6.37M (100.0M EGP)
- Status: announced
- Products: CNC machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Simplex for Industrial Solutions and Software](https://endata.com/companies/8664.md)

## Sources

- [dailynewsegypt.com](https://dailynewsegypt.com/2021/12/05/simplex-aims-to-export-cnc-machines-to-15-arab-african-countries/), 2021-12-04: "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."

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