French industrial company Saint-Gobain has plans to build two facilities to manufacture flat glass, gypsum and supportable building materials in Egypt, reported Zawya.

The firm plans to invest in the construction of the two new industrial plants over the coming three years.

These facilities will cater to local and export markets.

The company announced its investment plans at a meeting with General Authority for Investment and Free Zones (GAFI) CEO Mohamed Abdel Wahab by Saint-Gobain International , Eastern Mediterranean and the Middle East CEO Hadi Nassif and Saint-Gobain Egypt CEO Ahmed Wafik.

Saint-Gobain Egypt has the largest flat glass manufacturing line in the Middle East and Africa in the Suez Canal Economic Zone.

Its two construction material production plants in Sadat and Amreya represent total investments of more than €150m.

In April, Saint-Gobain, via its building products subsidiary CertainTeed, announced plans to invest $118.8m over the next five years to expand its CertainTeed roofing shingle manufacturing facility in Oxford, North Carolina.

This expansion in Oxford came a few months after Saint-Gobain announced its global Grow and Impact strategy, which involves expansion in important, fast-growing markets.

The investment on new equipment and automation is aimed at boosting employee safety as well as to align with the company’s global aim of carbon neutrality by 2050.
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Image: Its two construction material production plants in Sadat and Amreya represent total investments of more than €150m. Credit: Nathan Ergang from Pixabay.