The launch of the Telecom Wadi electronics factory with 10 million dollars

A company announced TelecomwadiThe “Wadi Holding Group” group, on the start of its work in the Egyptian market. The company specializes in designing, developing and manufacturing Terminal devices and solutions.

Regional expansion and vision plans

The company started with a constituent capital 2.5 million US dollarsWith an ambitious plan to increase it 10 million dollars Next year. This expansion aims to increase production lines and raise the absorptive capacity to meet the growing needs of the local and regional markets.

“Telecom Wadi” focuses on the development and manufacture of a variety of devices, most notably:

• CPE devices (Customer Equipment) for service providers and network operators.
• Fixed wireless solutions (FWA) To expand the range of connection and improve Internet speeds.
• Home, commercial, and industrial networks.
• Devices Digital payment To support the state’s direction towards a non -monetary economy and digital transformation.

Building an industrial base “made in Egypt”

He stated Wael Halawa, General Manager of Telecom Valley, What the company is doing exceeds the mere production of devices: “We are established A solid local industrial base It is able to compete regionally and internationally. Our vision exceeds the meeting of the Egyptian market to include the markets of the Middle East and Europe, by providing innovative and reliable solutions that put Egypt on Map of the global telecommunications industry.”

Halawa added that the company’s specialized factory in the Polaris region in 6th of October City is the cornerstone of this strategy. The factory operates with 100% Egyptian cadresAnd cover the stages of development, design, assembly, and testing, to ensure the production of devices with connections with international standards bearing the slogan “Made in Egypt”.

This step is clearly consistent with The Egyptian state strategy for the localization of the electronics industry As one of the priority industries within Vision Egypt 2030. Through its work, the company aims to attract investments and increase local added value in technological industries, which enhances the competitiveness of the national economy and reduces dependence on imports.

By launching “Telecom Wadi”, the company puts itself as a major player in the scene of the Egyptian digital transformation, as a contribution to Create new job opportunities And the transfer of global technological experiences to the local market, at a time when the telecommunications sector is witnessing an unprecedented boom in the volume of investments and demand for digital solutions.