# Haier Smart Home breaks ground on $160M ecological park in Egypt

Haier Smart Home held a groundbreaking ceremony for its Egypt Ecological Park in the 10th of Ramadan City, with a total investment of $160 million. The first phase will produce air conditioners, washing machines, and TVs, with operations expected to start in the first half of 2024.

- Type: New facility
- Announced: 2023-03-18
- Where: 10th of Ramadan City, Egypt
- Value: $160.0M
- Starts operating: Q1 2024
- Status: announced
- Capacity: over 1 million units per year
- Products: air conditioners, washing machines, TVs, refrigerators, freezers

## Companies

- [Haier Smart Home](https://endata.com/companies/11349.md)

## Sources

- [dailynewsegypt.com](https://dailynewsegypt.com/2023/03/18/haier-lays-foundation-for-success-in-thriving-mea-region-with-new-egypt-ecological-park-featuring-production-capacities-of-over-one-million/), 2023-03-18: "The Haier Egypt Ecological Park has received a total investment of $160m and covers an area of 200,000 square meters."

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