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Apr 29, 2025NEW FACILITYSokhna, Egypt

Xinfeng breaks ground on $1.65B steel complex in Sokhna, Egypt

Chinese company Xinfeng broke ground on an integrated industrial steel complex in Sokhna, Egypt, with a total investment of $1.65 billion. The complex will span 3.75 million sq m, include nine factories, and create over 8,000 jobs. First phase operations are expected in early 2027.

Value

$1.65B

Jobs

8,000

Starts operating

2027

Status

Under construction

Capacity

3.75 million sq m

Productshot-rolled coilcold-rolled steelautomotive componentshome appliance componentsfastenersmachinery spare partssteel structuresaluminum-magnesium alloy auto parts

CompaniesXinfeng

Sectors#Steel and Metal Products #Automotive Components

“The project will provide over 8,000 direct jobs and significantly contribute to the localization of Egypt’s automotive and home appliance industries.”news.mesteel.com

1 source
news.mesteel.comXinfeng breaks ground on USD 1.65 bln steel complex in Sokhna | Mesteel - Online NewsApr 29, 2025

Summarized from public sources; check the original articles before acting on it.

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