GAFI CEO: “This is a new industrial project with investments estimated at around USD 200 million”
The Chief Executive Officer of the General Authority for Investment and Free Zones (GAFI CEO), Mr. Hossam Heiba, took part in the foundation stone–laying ceremony for the Daily Egypt stationery factory, in the presence of Dr. Nahed Youssef, Head of the Industrial Development Authority (IDA); Mr. Alaa Abdallah Mostafa, Head of the 10th of Ramadan City Development Authority; senior officials from GAFI; and Mr. Charlie Huang, General Manager of Deli Group's Overseas Business Division.
At the start of the ceremony, attendees enjoyed a pharaonic-themed performance that offered a striking artistic display reflecting the richness of Egypt’s ancient civilization and its enduring heritage through the ages, before proceeding to the formal segments of the event.
The new factory is being developed on a surface area of 160,000 square meters, with investments estimated at around USD 200 million. It is set to become one of the largest stationery factories in the region—an expansion that reflects growing global investor confidence in Egypt’s investment climate and its ability to attract high value–added industries.
On his part, Heiba, GAFI CEO, affirmed that the entry of Deli Group into the Egyptian market reflects the progress and competitiveness of Egypt’s investment environment and its readiness to host advanced industrial projects.
He also announced that the project had been granted the Golden License following approval by the Cabinet, noting that GAFI will follow up on the implementation phases through the China Investments Unit to ensure that any obstacles are addressed.
Moreover, Heiba underscored the State’s commitment to supporting productive industries by providing advanced infrastructure, streamlining procedures, and offering the necessary incentives to investors. He also noted that the project will strengthen local manufacturing capacity in the stationery sector, provide high-quality products to the Egyptian market, and support exports to pan-Arab, African and European markets, benefiting from existing free trade agreements.
In addition, he affirmed that Egyptian-Chinese economic cooperation is gaining increasing importance within the framework of the Belt and Road Initiative and the strategic partnership between the two countries, contributing to the implementation of industrial and logistical projects that deepen local manufacturing and facilitate trade and investment.
During the ceremony, Dr. Nahed Youssef, IDA Head, reaffirmed the State’s commitment to fostering a more attractive and efficient investment environment. She noted that IDA promptly supported the company by approving the lease of a ready-built, 20,000-square-meter facility to enable immediate operations and the launch of the first phase with 180 products, pending completion of the main factory scheduled to open in 2027. This, she stressed, reflects Deli’s seriousness and strong commitment to the Egyptian market.
On the other hand, Mr. Huang, General Manager of Deli Group, affirmed that establishing the Deli factory in Egypt represents a strategic step in the group’s global expansion, highlighting Egypt’s advanced infrastructure and strategic location, which position it as a promising industrial hub to serve both regional and international markets.
He also explained that the new factory will serve as a fully integrated production hub, utilizing the latest management systems and highly efficient supply chains. It is expected to generate annual sales of USD 150 million and create 3,000 job opportunities, thereby boosting local industrial development and solidifying Egypt’s role as a key center for stationery manufacturing and smart office technology, Huang stated.
He also emphasized Deli Group’s commitment to strengthening partnerships with Egyptian entities in areas such as knowledge exchange, skills development, and support for green industry, reflecting the company’s dedication to corporate social responsibility and its contribution to building a more advanced and sustainable industrial future.
