Egypt

The Minister of Investment reviews with the delegation of the Heidelberg Materes Group for the cement industry, its project in the Egyptian market

Engineer Hassan Al -Khatib, Minister of Investment and Foreign Trade, met Ambassador Yasser Al -Najjar, Chairman of the Hydelberg Materes Group for the manufacture of cement and his accompanying delegation, where the meeting reviewed the group’s project in the Egyptian market, and its export plans during the next stage

& nbsp ; The minister said that the building materials sector represents one of the most important productive sectors of the Egyptian economy, which contributes to providing the needs of the local market and exporting to regional and global markets, pointing to the exports of the building materials sector in 2024 towards & nbsp; 10 billion and 635 million dollars, an increase of 19 %. To the importance of the cement industry sector, which contributes to providing state needs to establish major national projects, and also contributes to providing the needs of the local market and exporting to foreign markets, as well as creating thousands of job opportunities. For his part, Mr. Yasser Al -Najjar, Chairman of the Heidelberg Materes Group for the Cement Industry, reviewed. Seeing the future group on sustainability and enhancing energy efficiency, in addition to increasing the group’s exports to many foreign markets.

He also reviewed & laquo; Seeing the future group to enhance energy efficiency and increase its exports to foreign markets, where the project to restore the energy restore station at the Helwan Factory has been highlighted with investments of $ 30 million, which is the first innovative system of its kind in the cement industry in Egypt to restore energy; With the aim of exploiting the heat wasted from the production lines and returning it to generate energy instead of release heat in the atmosphere, in a way that contributes to preserving the environment and providing energy, and in a way that contributes to preserving health and climate, and finding positive returns to the Egyptian economy by providing a lot of natural gas use annually

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  • Source of information and images “rosaelyoussef”

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