03 November 2022Hassan Allam Holding is proud to announce the establishment of Nova Industries, a manufacturing facility for water and wastewater treatment equipment. Nova Industries will produce various industry-related components licensed by global manufacturers. The facility will have state-of-the-art laser processing machines producing components that will cater to different sectors, including water and wastewater, oil and gas, renewable energy, and green hydrogen. The new manufacturing facility is located at the 10th of Ramadan industrial zone, spanning an area of 30,000 sqm, and is scheduled to start production in 2023. This project is a unique value-added model for the Egyptian economy, in line with the government’s efforts to support local manufacturing throughout the country while increasing exports and providing local products with world-standard quality. Upon completion, the project is expected to create more than 300 new job opportunities.