Beko launches $110 million industrial park in Egypt, creating 2000 jobs

Beko has inaugurated its first industrial park in Egypt, marking a significant step in its global expansion strategy. The facility, which covers 114,000 m² with 70,000 m² dedicated to production, represents a $110 million investment. It is designed to produce 1.5 million ovens and refrigerators annually, with an initial capacity of 550,000 ovens and 500,000 refrigerators. The factory will also include a dishwashing segment that has received expedited investment to meet domestic demand. The new manufacturing hub aims to enhance Beko's presence in the MENA region and is expected to create 2,000 direct and indirect job opportunities. The factory will produce a variety of products under several Beko brands, including Whirlpool, Ariston, Indesit, and Hitachi. Additionally, the facility will feature an R&D center in collaboration with universities, a training academy, quality labs, and a showroom, all designed to foster talent development and technological innovation. Sustainability is a key focus of the new plant, which is designed for LEED Gold certification. It incorporates advanced automation technologies and features such as rainwater recovery systems and waste management practices. Beko's commitment to responsible production emphasizes zero waste and energy efficiency, aligning with its vision of respecting the world while being respected globally. This industrial park not only strengthens Beko's manufacturing capabilities but also positions Egypt as a pivotal production and export hub in the region. The investment reflects Beko's confidence in the strategic opportunities that Egypt offers, aiming to benefit both the local industry and consumers.