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, For the first time, the wire MEA and Tube MEA will take place as a special area within the Metal & Steel Egypt. Why Egypt? A regional economic anchor! With more than 100 million citizens, Egypt has a large domestic market. The industrial base is relatively broad. As a result, Egypt is increasingly establishing itself as a gateway for exports to other African countries. The oil and gas sector as well as public infrastructure projects contribute to economic growth. Egypt is not only expanding economic ties with its neighbours, but also transport routes. A boom in digitalisation and a well-educated workforce are providing further momentum. Egypt‘s geographic location also makes it an attractive destination for foreign investment, as it provides access to the African market and the emerging economies of the region. This can be seen in the country‘s rapidly growing industries such as tourism, construction, and telecommunications. Egypt has a diverse and complex economy that has undergone significant changes in recent years. The country has a large and growing population, which presents both challenges and opportunities for economic development. With regard to these upcoming major projects, it is already foreseeable that the Egyptian market will offer good development opportunities for the wire and cable machine industry, as well as for the tube and pipe processing industry.
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