The Outer

The German Ambassador in Cairo: We have one of the largest German investment companies in Egypt

By Manal Abdel Fattah

Today, Tuesday, Ambassador Frank Hartmann, German Ambassador to Cairo, attended the opening ceremony of the first waste heat recycling plant, which is operated by the German company “Heidelberg Materials” in Helwan.

The German ambassador said, from the headquarters of the new factory in Helwan, that the German company Heidelberg Materials, which is establishing the factory, through its investments in Egypt, is one of the largest producers of building materials in the world, and a leading company in the Egyptian cement industry, and has four factories and 1,100 employees throughout the world. “The country.”

The ambassador added that, with the German company’s investment in the new factory amounting to $30 million, they invested in the first waste heat recovery station, adding: “The factory is a bold step towards a greener future to reduce energy costs and carbon dioxide emissions in the cement sector.”

The German ambassador said that the German company Heidelberg Materials is not only a pioneering company in becoming the most sustainable company in Egypt in the cement sector, but rather it is one of the largest German investors in the country, in all sectors of the economy in general.
The ambassador added: This new “green” investment is a strong expression of Germany’s continued commitment and confidence in Egypt. He continued: “This is very good news in light of the economic crises and geopolitical turmoil hitting the world, and it will help pump more foreign investment into Egypt.”

In another context, the German Embassy in Cairo announced the humanitarian aid provided by its country, in cooperation with the European Union, to the residents of Gaza and the West Bank.

The embassy said in a press statement, a copy of which Al-Fajr obtained, that the German government, since October 2023, has doubled the value of humanitarian aid to civilian citizens in Gaza by approximately 140 million euros, bringing the total value of aid to 211 million euros.

According to the statement, Germany remains, even in light of the crisis, the largest donor of humanitarian aid in the Palestinian territories, as he explained that Germany’s efforts are based on three pillars: first, intensive humanitarian relief diplomacy in order to provide the necessary conditions for providing urgent and continuous humanitarian aid to civilian citizens in Gaza, and second. Comprehensive services related to humanitarian aid through the United Nations and the International Red Cross and Red Crescent Movement, and thirdly, bilateral support in the region.

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