Egypt and global economy brief
Jotun Egypt targets investment of more than EGP 2bn in 2027
An RE brief based on a story published by Al Borsa on 12 November 2026.
Read the full story at the sourceThe story in brief
Jotun Egypt is targeting investments exceeding EGP 2 billion in 2027 to expand production and exports, with plans covering raw-material warehouses, solar power and sustainability projects, according to CEO Ibrahim El-Shamy. The company said its factory currently produces more than 72 million liters on a single shift, with capacity that can rise above 100 million liters; Jotun globally is targeting investments of about USD 500 million in 2027.
Key numbers
- about USD 100 million
- investment in the factory opened in 2023
- more than 72 million liters
- current factory capacity on one shift
- more than 100 million liters
- potential factory capacity
- more than 10%
- exports as a share of Jotun Egypt output
- 50% by 2030
- target reduction in carbon dioxide emissions versus 2017
Why it matters for brokers
The announced plans include greater production capacity and expansion in warehouses and solar power, alongside increased local manufacturing and exports from Egypt. The company said it does not pass the full increase in production costs on to the end consumer and tries to absorb part of it.
RE's reading of the story. It is not part of the original report and not investment advice.