US$10 million Japanese manufacturing unit advanced to be inbuilt Egypt
THE DETAILS The funds will likely be used to construct a manufacturing unit advanced spanning some 20,000 sq. meters, which can produce J-beauty merchandise and sterilization provides below the Saraya title. Some 1,500 jobs will likely be created in consequence.
THE WHY? Japanese-made items are standard in Egypt, per Egypt Right this moment, and it’s hoped that the profitable J-beauty debut will entice additional funding sooner or later.