NAG HAMMADI, Egypt, Jan 12 (MENA) – Prime Minister Mostafa Madbouly asserted that the development of Aluminum Company of Egypt (Egyptalum) comes in implementation of the directives of the political leadership to modernize state-owned prominent industrial companies. He said that the new production line represents a practical step toward deepening local manufacturing, ensuring the fulfillment of domestic market needs and enhancing access to global markets. These remarks were made following Madbouly’s visit, accompanied by his delegation, to the company, which is an affiliate of the Holding Company for Metallurgical Industries under the Ministry of Public Business Sector, to inspect the newly launched aluminum wire production line. Shemi said that the new production line has an annual capacity of 60,000 tons of high-quality aluminum wire, representing a qualitative leap in both production volume and quality. This effectively doubles the company’s total aluminum wire production capacity to 120,000 tons per year, he said.

Source: Egypt Independent January 14, 2026 10:59 UTC