Back to the complete issue
Tuesday, 28 April 2020

Futek to open LED lamp factory in Sadat City in 2 months

Lighting products manufacturer Futek Micro Electronics is on track to inaugurate a EGP 500 mn LED lamps factory in Sadat City in two months, Chairman Mohamed Helal told Al Shorouk. The company had put the factory on hold last month as the covid-19 outbreak led to supply disruptions, including preventing the company from importing Chinese machines.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2020 Enterprise Ventures LLC.