Egypt Partners with Hengtong to Build $15 Million Fibre Optic Cable Factory in SCZone
Egypt, Telecom Egypt, and Hengtong have signed an agreement to establish a $15 million fiber optic cable factory in the Suez Canal Economic Zone. The factory will produce 3 million kilometers of fiber optic cables annually, strengthening Egypt’s telecommunications infrastructure and boosting exports to Europe, the Middle East, and Africa.