A number of mobile companies have started opening factories and signing local manufacturing contracts for their products following import restrictions imposed by the Central Bank on finished goods, including mobile phones, so as not to drain the country’s dollar resources in light of their decline since the beginning of the Russian-Ukrainian war.
The list of companies that decided to manufacture their phones locally included Vivo and Nokia, and other companies are expected to join them in the coming months thanks to the incentives and facilities provided by the government to invest locally. and to encourage companies to manufacture. their products locally instead of importing them from abroad, which has become more expensive. After rising dollar prices of manufacturing locally.
Vivo opens a factory on an area of 11,000 square meters to manufacture smartphones:
Vivo has announced the opening of its new communication technology factory specialized in the production of smartphones in the 10th of Ramadan city in the Sharkia governorate, established on an area of 11,000 square meters, with investments amounting to $20 million was estimated and reached $30. million within a year.
The factory contributes to the provision of 1,500 jobs within a year, and uses the latest international technologies in production lines and devices for surface mounting, assembly, calibration and testing.
Dr. Amr Talaat visited the factory and highlighted the interest of many international companies working in the field of electronics to expand their investments in Egypt. He emphasized the state’s zeal to develop this important industry in the implementation of the presidential initiative “Egypt makes electronics”, which aims to localize the electronics industry and make it one of the biggest pillars for the growth of the Egyptian economy to make, and points to the state’s efforts to attract more foreign investment and establish global partnerships to provide excellent job opportunities for young people and achieve the government’s vision. In deepening local manufacturing and improving Egypt’s position on the field of electronic design and manufacturing; He pointed out that the new Vivo factory is scheduled to contribute to the transfer of advanced technology specialized in the production of smartphones to the Egyptian market, where it is scheduled to start the stages of manufacturing smartphones by young Egyptians specialized with international technology.
Nokia manufactures its phones locally in collaboration with Etisalat:
Amr Talaat, Minister of Communications and Information Technology, witnessed the signing ceremony of a cooperation agreement between HMD International, the owner of the global brand Nokia, and Etisalat for Advanced Industries (EAI) in Egypt, with the aim of providing one million mobile devices to produce. of different models between traditional feature phones and smartphones. During the current year, production will double in the coming period.
The agreement was signed by Tamer El-Gamal, general manager of HMD in Egypt, and Ahmed Abu Auf, managing director of Etisal Advanced Industries, EAI; In the presence of Alain Lejeune, Chief Operating Officer at HMD Global OY, owner of the Nokia brand, Won Chang, Executive Vice President, Products, Eng. Amr Mahfouz, Executive Director of the Information Technology Industry Development Authority, Dr. Hossam Othman, Vice President of the Information Technology Industry Development Authority, and a number of leaders from the Ministry of Communications and Information Technology and my company Etisal for Advanced Industries EAI and HMD
Dr. Amr Talaat emphasized that this agreement is a commitment to the state’s efforts to create a climate that supports the growth of international companies’ investments in Egypt, and it also confirms the government’s zeal to encourage the private sector and to motivate to manufacture within Egypt. factories to transfer knowledge and expertise and localize the electronics industry in a way that contributes to the development of the electronics industry This important industry and the creation of specialized jobs for young people in the field of information technology and electronics; He pointed out that Egypt is taking steady steps to deepen local manufacturing in the implementation of the presidential initiative “Egypt Makes Electronics”, which aims to improve Egypt’s position in the field of electronic design and manufacturing.
On his part, Ahmed Abu Auf, managing director of Etisalat Advanced Industries (EAI), confirmed that the agreement works to produce the Nokia mobile phones required by HMD Global OY with international quality, including electronic components, assembly, packaging and testing, which is completely similar to international products in quality and efficiency, which It achieves Egypt’s strategy in its quest to localize the technology industry and make Egypt a regional center for advanced industries.
Tamer El-Gamal, general manager of HMD Global OY, added that under the agreement, HMD will provide EAI with the production requirements of raw materials, inspection and testing tools and calibration equipment needed for the production process. We will also provide the factory in Egypt with transfers of technological know-how and technical support by training Egyptian cadres. Technical and technical in the hands of Nokia experts from Finland, in addition to providing all means of support to take advantage of the company’s research and development centers to provide the best specifications and products that meet consumer needs.
It is worth mentioning that EAI, through its factory located in October 6, develops and manufactures advanced electronics in Egypt, with a production capacity of more than 2 million units this year, and ten million units annually in the achieved in coming years.
Reduce Egypt’s import bill from mobile:
The signing of agreements by a number of companies to manufacture their phones locally is expected to reduce Egypt’s mobile import bill, which amounted to About one billion and 619 million and 558 thousand dollars, while it was one billion and 754 million and 502 thousand dollars in the previous year, according to the data of the Central Agency for Mobilization and Statistics.