Egypt’s Minister of Public Business Sector, Mahmoud Esmat, followed up with the latest developments of a new factory for the production of railway flanges at a total investment of EUR 8 million. The new factory will start actual operation in October 2022 with a production capacity of 500,000 flanges annually, Egypt’s Cabinet cited the Ministry of Public Business Sector. Meanwhile, production trials for the new industrial facility are scheduled to commence in the end of September.