Complexes WTD Industrial
The necessity of reviewing the granting of industrial lands, and facilitating procedures for serious investors
The state’s interest in feeding industries to advance the future of industry in Egypt
Claiming to study the possibility of the state to obtain its rights from investors
After starting and actual production of its project
The stretching and metal scales industry is an important industry in the construction sector, as it plays a vital role in securing safety and efficiency in work sites. Minerals and scaffolding are used in many applications, including construction, maintenance, maintenance, and restoration, as metal stories and scaffolding are characterized by their strength and durability, and their ability to withstand heavy loads, which makes them essential in many construction projects. It is also characterized by easily composition and jaw, which reduces the time and effort needed to complete projects.
In this context, we will review the stroke and metal scaffolding industry through our meeting with one of the most important industrial cadres in this important industry, which is Engineer/ Mustafa Bastwaisi – Chairman of the Board of Directors of the Group WTD For the industry – to explain to us the group’s activity, its products, the current and targeted export markets, and the expansion and future plans of the group, so his conversation began with us, saying:
I graduated from the Department of Building – College of Engineering – Tanta University in 2002, and I started working in the field of iron industries during my studies at the university with industries that have nothing to do with the current field of work, and after graduation I worked in the field of contracting and was able to integrate and employ the industry in which I work with what was studied at the university, I discovered that the field of scaffolding and metal bars is the most appropriate field that is appropriate for my practical experience and the nature of my university studies.
A group works "WTD" Industrial industry and scaffolding specialists "Formwork" Since 2012, our practical journey began externally in the Emirates and Saudi Arabia from 2012 to 2016 until we started production and work on the land of Egypt.
And I began to establish our first factory in the city of Hamriyah, Sharjah, the UAE and is still in the name of "Espept Free Zone" The nature of the work was to collect metal scaffolding, and we do not add the engineering part to it, then the events of the revolution occurred, there became a strong desire to be in Egypt and create an entity worthy of our aspirations.
Our primary goal was from the beginning of work in the mineral scaffolding industry not to be just a group of the product, but rather we are working on making all its components, and these components were limited and we found them divided into 5 systems, so we started setting this goal in mind, and the group’s production capacity is approximately 3000 tons/ per month, and the company’s growth rate is from 25% to 40% annually, and our market share is especially in huge projects a large percentage In the Egyptian market.
M. Bastwaisi that the main factory was established in Beni Suef, as it is considered the largest factory in the area and after expansion we have now reached 4 factories there, and the fifth factory was established in Egypt in the tenth of Ramadan City, and we aim to introduce a new industry for us in the same activity between 2025 and 2026.
It is also a group "WTD" It is unique as the only scaffolding factory around the world manufactured for all the ingredients "ForgingMutrats"And this is considered the only factory established outside the countries of India and China interested and the two harshs in this specialized industry, as it was imported from these two countries only, but now, thanks to God there, India and China and a group of a number of industry, and of course we cannot reach the size of their business due to the presence of many challenges, the most important of which is the beginning of production in Egypt in light of the many changes that occurred at such a time, but according to our vision there was there The insistence on completing and achieving our goals, with the evidence of our fifth factory, in light of the difficulty of pumping any investor, regardless of the size of his investments for new investments in Egypt at the timing of the opening of this factory.
M. Bastweisi that is a group "WTD"It is currently developing the industry completely, as the group produced a new sector called "WTD Smart Beam"And this sector was developed without an alternative, because its alternative is made of wood around the world, and a factory has been created at a high level of capabilities, because it represents a great boom in the industry, and also carries a greater risk.
And about the products produced by the group, it is clear. Bastweisi that the products of the group are divided into categories, which are systems and products, and approximately 14 systems are produced in the field of scaffolding to serve various activities from huge projects such as the creation of bridges and commercial malls to residential buildings, and approximately 135 products or code are produced, and this large number comes in products because we produce all the ingredients of the scaffolding until the nails used are produced in Production lines specialized in our factories, as we produce all spare parts, referendums and virgin sizes of pipes for our products and systems, and the percentage of the local component of our products is about 80 %, but there are shipments and export of our products in the recent period of some Arab countries such as: Morocco, Kuwait, Saudi Arabia has a local component in it reached about 98 %, as in the shipping process it must be mentioned the percentage of the local component in shipments The exporter, and an important product we have like a sector "WTD Smart Beam" It is completely made locally except for the wooden piece, which represents 2 % of the final product.
On the group’s export side, M. Bastwaisi that the group is currently exporting to 7 countries: Turkey, Morocco, Iraq, Saudi Arabia, the Emirates, Lebia, and we were exporting to the State of Palestine before the recent events there, and we have ambitious plans and goals to open new export markets in Africa in the first place, but there are some obstacles and challenges that stand between us and the achievement of our dreams and goals, as we, thanks to God, can export our full productive capacity abroad, but all exporters And investors can do this, and this can happen in only one case that the state intervenes and listens to the opinions and ideas of manufacturers and investors targeting export, especially since there are some countries that are similar to us in experiences, cultures and history that depend on the human factor in a large way such as: China, Turkey, India, and these countries have a different view of us in investing, and they have real support for exporters and exports, because they look at the investor and the source on the face In particular, it represents a real wealth, because the source does not need the state to open new export markets, but rather needs to implement the true and literal meaning of a sentence "Export support"And, and does not need more than that, as the source when he brings with his exports the hard currency of the state should get a real incentive and actual material support, so that upon sale this actual material incentive in the process of pricing the product.
The other challenge that the state must pay attention to and do not look at the investor as the only opportunity for income, but the state must consider it a partner, we are always even though the state gets its rights completely, but the timing is the important, because the investor, whether it is a local or foreign investor when importing production lines, machines and machines for a factory for the beginning of the work, we find that in the customs area the customs and taxes and fees for roads and expenses are very many Fees and expenses represent the rates of cost representing from 25% to 40% and sometimes more than this as expenses and fees for the state and it is an inherent right for it, and the solution to this problem that greatly affects the investment is that the state gets this right at a time that serves the investor during his work and his actual operation of his project, instead of the investor turns to banks and borrows from it with an interest of up to 32% to complete the cost of his project, and in this case the investor will work from In order to pay the loans or its activity will stop permanently, and will eventually be forced to escape its investments towards the countries that are really attractive and supportive to investment.
M. Bastweisi, his talk about the most prominent challenges that he faces as an investor is that the industrial land must not be for sale, as I, as an investor, have production lines that will be supplied to us to increase the production capacity of products required significantly, whether locally or exporting that does not have a place in our factories, and when we go to the competent authorities, we are placed in the lottery system or demanding to pay serious fees and other things like this, and it is supposed to have specialized committees To go down on the ground and review the requests of serious investors, especially since we have in the tenth of Ramadan City there are approximately 400 factories, the actual operation rate for the owners of these actual factories is about 15%, and the remaining part is for people who have nothing to do with the industry but buyers for these lands and rent them, so it is first to obtain these lands and the resources of the trusted investor who is searching for every investment opportunity to pump them in this The promising country, or who is looking to prevail in its personal interest in the interest of the state?!
There is a personal experience with one of the largest investors in his field of work in China, which hosted him for three days and was putting Egypt in comparison with some countries such as: Saudi Arabia and Mexico to pump new investments for him, and a special visit program was arranged for him, where he met representatives of the Ministry of Industry, IMCThe Economic Authority of the Suez Canal Region, the industrial areas such as Teda, and after his return to China, he sent to Emile to confirm his choice of Egypt to be the future country of his investments, and here we ask a question to the officials of this investor when the actual work and direct contact with him with bureaucracy and routine what will be his view of the Egyptian market?!
The serious investor deals with the principle of gain and loss, and invests in Egypt to operate employment, and benefits from resources, from the geographical location, and also benefits from the agreements and protections signed between Egypt and various countries, whether in Africa or Europe.
M. Bastwaisi, by talking that there is another aspect of the group’s activity that is not considered a major activity, which is an industrial real estate activity, as we are by virtue of our work in the industry, we created a complex "WTD Industral Park C7"In the tenth of Ramadan City, it was established 3 years ago, and it is currently in the delivery phase, and it contains 120 full facilities and ready -to -work factories, and there is also an administrative commercial mall specializing in the requirements of factories, and we can say that it specializes in supplementary and nutritious industries for large factories, which is the activity that Egypt lacks, because Egypt has large factories in various industries, but there are no food and manufactured factories for the production requirements for the production of those production The factories, and therefore these supplies are imported from abroad, which represents a waste of hard currency and a large burden on the state in light of their desire to localize the local industry and reduce the percentage of import bill.
M. Bastweisi, his speech in this part, indicated that the project was marketed very quickly, which expresses the beauty of the idea and the interest of investors in this type of new activity on the Egyptian industry market, and the project is the first industrial compound in Egypt that works according to an ambitious and different vision from the work of various industrial areas in Egypt.
On the expansion and future plans of the group, it explains M. Bastwaisi that the group aims to increase production lines by adding two production lines during 2025 to produce targeted products for export, and also in the industrial complexes sector, the group currently owns industrial complexes: "WTD Industral Park C7"And complex "WTD CNC" Specialized only in business CNCAnd these complexes were sold and marketed in a few days because the primary factor in marketing is that the idea was appreciated and accepted by many investors, so we aim to create an industrial complex for feeding industries and supplies for the home appliance industry in Egypt instead of importing them from abroad, and we aim to create more industrial complexes in various governorates of the Republic to be next to the major industrial entities in Egypt so that we can provide Its needs to support and develop the Egyptian industry.
In conclusion, M. said. Bastwaisi I go to those in charge of legislation and implementation that facilitates the investor to be in a safe investment climate and environment. The need to consider and take into account several factors to protect the local market, the most important of which are: the local factory must be protected in order to encourage the local industry and impose fees on importers to reduce the import bill and preserve the hard currency, postpone the burdens and financial obligations for new investors and implement this according to a plan A timely corresponding to the investor plan provided from it, it is necessary to install the exchange rate for investors wishing to open new investments in Egypt because this part is the most terrifying part of many investors, direct and real exports on the export bill, and it is collected in cash, and it is not deduced in exchange for taxes or customs or postponed its exchange of investors.
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