Sumitomo updates Egypt wire plant project

Japan’s Sumitomo Corporation will build the world’s largest EV wiring harness factory in Egypt after securing a golden license for a $100 million investment.

Sumitomo Corporation received Egypt’s golden license to build the new plant under the free‑zone system. Authorities describe the facility as the largest global site for electric vehicle wiring harness production, reflecting Egypt’s strategy to attract major industrial projects.

The golden license bundles most permits required to establish and operate the project, so Sumitomo can move faster from planning to execution. As a result, the company gains a streamlined path to construction and long‑term expansion in the country.

The factory will occupy about 150,000 square meters, allowing room for large‑scale production, storage, and possible future expansion. The site also includes a raw‑material warehouse that will serve as a distribution hub for North and Middle Africa, improving supply efficiency in nearby markets.

Sumitomo plans to export output from Egypt to global car manufacturers in Europe and the Middle East, positioning the project as a key node in international EV supply chains. In turn, Egypt benefits from higher exports, new industrial jobs, and deeper integration into global automotive networks.

The General Authority for Investment and Free Zones (GAFI) confirmed the license and highlighted the project’s importance for Egypt’s automotive development plans. During a recent meeting, GAFI CEO Hossam Haiba and Sumitomo executives reviewed the company’s expansion roadmap and discussed government support measures.

They focused on incentives, infrastructure, and workforce development to help the factory reach full capacity over time. This cooperation supports Egypt’s goal to become a regional hub for EV components and wiring harness production.

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