Cairo for Investment and Real Estate Developments (CIRA) has unveiled an exclusive opportunity for investors to acquire 43 fully equipped factories within the third phase of Robbiki Leather City, marking a pivotal step in advancing Egypt’s leather industry. This initiative aligns with the country’s broader strategy to develop integrated industrial clusters that support economic growth and export capabilities.
The factories, designed to cater to a range of production capacities, are available for purchase or leasing through an electronic application process on the Digital Egypt Industrial Platform, with only two days remaining for submissions. The available factory units include:
- 20 factories, each covering 2,000 square meters
- 6 factories, each spanning 1,000 square meters
- 17 smaller units of 121 square meters, with heights reaching up to 10 meters
Investors have the option to combine multiple units to meet their specific production needs. Each facility is optimized for leather production and related industries, equipped with cutting-edge infrastructure, technological training, and access to local and international marketing platforms.
One of the key selling points of this offering is the robust financial support available to investors. Factory prices are based on the 2021 cost of infrastructure and construction, ensuring affordability. Financing options include:
- A 25% down payment
- Installment plans spanning up to six years at a 10% interest rate
- A 7% discount for full cash payments
Additionally, partnerships with major Egyptian banks—including the National Bank of Egypt, Bank of Alexandria, and the Export Development Bank of Egypt—offer tailored financing solutions for purchasing machinery, equipment, and working capital.
The project also provides significant export incentives, including a 50% rebate on export burden recovery for products manufactured within Robbiki Leather City. This initiative aims to create a comprehensive manufacturing base for finished leather goods, expanding Egypt’s role in the global leather market. By completing the leather value chain, from tanning to final product manufacturing, Robbiki Leather City is positioning itself as a key export hub.
Strategically located, Robbiki Leather City offers direct access to several key ports, including Ain Sokhna, Adabiya, Suez, Port Said, Damietta, and Alexandria. The city’s modern infrastructure includes:
- A well-developed road network connecting to major highways such as Cairo-Ismailia, Cairo-Suez, and the Regional Ring Road
- Close proximity to the Administrative Capital and other economic hubs
In a recent meeting between Nahed Youssef, Chairperson of CIRA, and Gamal El-Samalouti, Head of the Chamber of Leather Industry, industry leaders expressed high praise for the project’s world-class facilities. Robbiki Leather City’s design adheres to global environmental standards and offers a modern, sustainable infrastructure that supports both large-scale and SME-focused manufacturers.
The government, through the Ministry of Industry and the Industrial Development Authority, has played a pivotal role in advancing this project, making it an essential component of Egypt’s industrial strategy. Investors have shown strong interest, underscoring the importance of Robbiki Leather City as a dynamic center for leather industry innovation.
With its integrated facilities, modern communication services, and advanced training programs, Robbiki Leather City is positioned to become a leading hub for the leather sector, offering unparalleled opportunities for both local and international investors.
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