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CAPEX Attraction for Promising Products
برنامج جذب رأس المال للمنتجات الواعدة

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The CAPEX Attraction Program for Promising Products attracts foreign and local investments to establish new factories to manufacture locally a set of promising products and/or their feeding components.

The Program pays back investors a percentage of their capital expenditures on factory machinery and ICT technologies. The promising products and their feeding components are as depicted in the table below. As depicted, each product vertical is assigned a target local manufacturing percentage and a corresponding payment percentage. 

Payment percentage is 15%-30% and it increases by 10% when export revenue reaches a minimum of 25% of the total factory revenue.

The ultimate objective is to expand the local electronics manufacturing base and complete the related supply chain to maximize the local added value.

 

  Promising Products Table ​ ​ ​
#GroupVerticalLocal Manufacturing PercentageFunding Percentage
1Mobile Phones, Tablets, and GPS Tracking DevicesFinal Products40%

15%

+ 10% when exporting

Feeding Components (Lithium batteries, LCM, Speakers, Chargers)50%

30%

+ 10% when exporting

2LED LightingLED chip packaging, Inverters, LED boards60%

30%

+ 10% when exporting

3Smart MetersFinal Products and Feeding Components50%

15%

+ 10% when exporting

4LED TVs and DisplaysLCD glass, Speakers, Special internal cables, LED bars, Inverters, LCM40%

15%

 + 10% when exporting

5Solar Energy SystemsSolar cells, Storage batteries, Inverters, Control units40%

15%

 + 10% when exporting

 

Enterprise Criteria:

  • Locally-established enterprise working in the electronics industry.
  • Enterprise registered at the "Egypt Makes Electronics (EME)" Platform.
  • The enterprise capital is foreign and local joint venture, foreign investment, or local private investment.
  • The enterprise is establishing a new factory in one of the verticals depicted in the Promising Products Table. 
  • The minimum local manufacturing percentage is 40% or more as per the Promising Products Table.
  • The paid capital is not less than EGP 10M.
  • The finance is requested for only one new factory.
  • The industrial registration, the operation license, and the date of commencement of commercial production for the new factory are all on or after November 27, 2016.

Funding Mechanism:

  • The Program pays back 15%-30% of the capital expenditures already paid on factory machinery, devices, and equipments necessary for production, and in addition on locally-purchased ICT equipments, systems, and services.
  • Payment is made in 4 installments during 3-year period.
  • Payment increases by 10% when export revenue reaches a minimum of 25% of the total factory revenue.
  • Payment is returned back in full if factory is voluntarily closed, sold, or stopped production.
  • Payment in total does not exceed EGP 50M.

Submission timeline of Round 1-2016/2017:

  • Program Announcement: 27 November 2016
  • Q&A Sessions: 14 and 26 December 2016
  • Submission Starting Date:  1 March 2017
  • Submission Closure Date: 30 April 2017​​​

Submission steps:

  1. Download Program Template
  2. Fill in all needed data and avail all needed documents.
  3. Append filled Template and all needed documents in one zip file.
  4. Login using your enterprise account information (if you do not have an account, please Register ).
  5. Upload the zip file.
  6. Print and keep the successful upload message.
  7. Follow all other instructions given in the Template to deliver hardcopies if required.

From: 01/03/2017 To: 30/04/2017