CID offers 31 ready-to-operate units in Robbiki Leather City

“Cairo for Investment and Development Company (CID) has launched a new offering of industrial units in the third phase of Robbiki Leather City, comprising 31 ready-to-operate production units and five service shops, as part of efforts to boost investment in Egypt’s leather manufacturing sector. The offering includes six factories of 2,000 sqm each, 10 factories of 1,000 sqm, and 15 smaller workshops of 121 sqm. These units are designated for finished leather production and complementary activities. The five service shops, each measuring 20 sqm, are intended to support on-site operations, including retail outlets, showrooms, and food services. Nahed Youssef, Chairperson of CID and Head of the Industrial Development Authority, said the offering aligns with ongoing efforts to localise industry and expand investment opportunities in strategic sectors. She noted that the units are fully serviced and designed to meet a range of investor needs within one of Egypt’s specialised industrial zones. Applications will be open from 5 to 25 May 2026, exclusively via the company’s online portal. The units are offered under an ownership model with flexible payment terms, including a 25% down payment, a one-year grace period, and instalments of up to five years at a 10% interest rate. Incentives are also available for upfront payments. Youssef added that investors may apply for multiple units within the same offering, supported by streamlined allocation procedures and accelerated delivery timelines. CID is also coordinating with several banks—including the National Bank of Egypt, Banque Misr, Export Development Bank of Egypt (EBank), and QNB—to provide optional financing solutions for machinery, production lines, and working capital. Mahmoud Moharram, CEO and Managing Director of CID, said the offering allows investors to benefit from the integrated infrastructure of Robbiki Leather City, which is designed in line with environmental and industrial safety standards and includes training centres and permanent exhibition spaces. Located in Badr City, the leather hub lies close to Cairo and the New Administrative Capital, with access to key ports such as Suez and Port Fouad. The area is also connected to modern transport networks, including the Light Rail Transit, supporting the efficient movement of goods and labour and enhancing export potential. The post CID offers 31 ready-to-operate units in Robbiki Leather City first appeared on Dailynewsegypt .

Summary generated from the RSS feed of Daily News Egypt. All article rights belong to the original publisher. Click through to read the full piece on www.dailynewsegypt.com.