Midea Holds Groundbreaking Event for New Factories in Egypt

On November 30, Midea Group announced the launch of its third industrial complex in Egypt. The new complex is in the industrial zone in Sadat City, and represents an investment of US$ 105 million, bringing the volume of Midea Group’s investments in the Egyptian market to US$ 247 million, and opening the door to approximately 3,900 new job opportunities and exports all around the world.