CAIRO – Foxconn may invest an as-yet undisclosed sum to open a plant in Egypt to build electronics assemblies intended for export, according to reports.

Trade and industry minister of Egypt Tarek Kabil reportedly met with Foxconn to discuss the investment.  

"Foxconn's projects in the Egyptian market coincide with the ministry's strategy to upgrade the engineering industry sector," said a statement, citing the minister.

 

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