Egypt: Construction chemicals producer Mapei has opened a new production plant in the 10th of Ramadan City, north-west of Cairo. The 30,000m2 facility will produce Mapei’s main products for the local market, including grinding aids for cement production and concrete admixtures. It will be the Italy-based group's second production plant in Egypt following Vinavil’s polymer plant in Suez, which began operating in 2002 and employs around 150 people.
"Egypt today represents a very promising market for the global construction industry," said Veronica Squinzi, CEO of Mapei. "With over 100m inhabitants and a constant demographic growth, the country is experiencing a growing demand for residential construction, supported by strong government investment plans in infrastructure, hospitality and large-scale transport. The presence of two production sites in the area, Mapei and Vinavil, will strengthen the group's competitiveness, while promoting local production capacities, creating job opportunities and facilitating technology transfer." Squinzi added “The new plant will allow Mapei to distribute its products efficiently both within Egypt and in the nearby markets of North Africa and the Middle East. It will also be a gateway to sub-Saharan Africa, thanks to the existing trade agreements and the growing economic integration among African nations.”
Mapei Group has 220 employees. It has been present in Egypt since 2002 through its subsidiary Vinavil.
