In­dus­trial pro­duc­tion rises by 29.2%: CAPMAS

The Daily News Egypt - - Business -

The Cen­tral Agency for Pub­lic Mo­bil­i­sa­tion and Statis­tics (CAPMAS) is­sued its quar­terly bul­letin of in­dus­trial pro­duc­tion pub­lic/pub­lic busi­ness and pri­vate sec­tor en­ter­prises that em­ploy 25 or more work­ers in the fourth quar­ter of 2016.

The re­port showed that the to­tal in­dus­trial pro­duc­tion value (ex­clud­ing crude and re­fined petroleum) reached EGP 114.3bn dur­ing the fourth quar­ter of 2016 com­pared to EGP 94.4bn in the third quar­ter of 2016, an in­crease of 21.1%, while the pro­duc­tion value for the fourth quar­ter 2015 (same quar­ter) reached EGP 88.4bn,which shows an in­crease rate of 29.2%.

Coke coal and petroleum prod­ucts ac­tiv­ity rep­re­sent the most im­por­tant eco­nomic ac­tiv­ity which con­trib­ute by 16.0% of in­dus­trial pro­duc­tion value, fol­lowed by food prod­ucts in­dus­trial ac­tiv­ity by 13.7%, then iron and steel in­dus­trial ac­tiv­ity by 5.8%.

The to­tal pro­duc­tion value for the man­u­fac­ture of food prod­ucts reached EGP 25.2bn for the fourth quar­ter of 2016, com­pared to EGP 20.0bn for the third quar­ter of 2016,an in­crease of 25.8%,while the pro­duc­tion value reached EGP 19.3bn for the fourth quar­ter of 2015, an in­crease rate of 30.4%. CAPMAS at­trib­uted this to the need to cover the mar­ket needs of oils, sugar glu­cose, agri­cul­tural prod­ucts ex­port and high de­mand for an­i­mal feed and bran.

CAPMAS also stated that the to­tal pro­duc­tion value for the iron and steel in­dus­try reached EGP 10.8bn for the fourth quar­ter of 2016 com­pared to EGP 9.3bn for the third quar­ter of 2016, an in­crease of EGP 16.3%,while the in­dus­trial pro­duc­tion value reached EGP 8.5bn in the fourth quar­ter of 2015, mark­ing an in­crease of 27.0%, due to the sta­bil­ity of en­ergy sup­ply for en­er­gy­in­ten­sive in­dus­tries.

More­over, the to­tal pro­duc­tion value of the rail­way, tram, and transport equip­ment in­dus­try prod­ucts reached EGP 402.2m for the fourth quar­ter of 2016 com­pared to EGP 555.6m in the third quar­ter of 2016, a de­crease of 27.6%, while the pro­duc­tion value reached EGP 687.5m for the fourth quar­ter of 2015,a de­crease of 41.5% due to the low sup­ply or­ders and the lack of metro ve­hi­cles pro­duc­tion.

The to­tal pro­duc­tion value for the man­u­fac­ture of food prod­ucts reached EGP 25.2bn for the fourth quar­ter of 2016

Newspapers in English

Newspapers from Egypt

© PressReader. All rights reserved.