China's home appliance giant Haier inaugurates industrial park in Egypt

Unfinished air-conditioners are seen on a production line at a factory of the Haier Egypt Ecological Park in the 10th of Ramadan City, Sharqia Province, Egypt, on May 1, 2024. [Xinhua]

China's home appliance giant Haier inaugurated Thursday its first industrial park in Egypt in 10th of Ramadan, a city northeast of Cairo.

Haier Smart Home Co. Ltd., a subsidiary of the Haier Group, invests 135 million U.S. dollars to build the Haier Egypt Ecological Park.