Cairo – February 3, 2024: In recent days, Red Sea Governor Major General Amr Hanafi inaugurated the first fiber yacht manufacturing factory in Egypt and the Red Sea in the industrial city of Hurghada.
et monitors the following most important information about this factory:
– The first and largest factory of its kind in Egypt, which manufactures textiles, yachts and Zodiacs, opened in time for the celebration of the 54th Red Sea National Day.
– We specialize in the production of fiberglass boats, whether mini yachts or rubber boats, and have an area of 2000 square meters.
– The production line was started about a year and a half ago and is currently producing 18 pieces per month, with the aim of increasing production to 50 pieces per month next term.
– The first unsinkable boats were built in Egypt by producing yachts to European Union specifications at a lower cost than producing them in European countries.
– Most of the materials used are 85 percent manufactured in Egypt, with the aim of localizing industry and deepening local manufacturing, with the aim of reducing imports and paying attention to reduce the use of foreign exchange.

