An Egyptian living abroad is set to establish a smartphone refurbishing and recycling plant valued at $110 million in the Suez Canal Economic Zone (SCZONE), marking a significant investment in sustainable technology practices.

This initiative is spearheaded by Soha Gendi, Egypt's Minister of Communications and Information Technology, who has expressed strong support for the project, highlighting its potential to enhance Egypt's technological infrastructure and environmental sustainability.

The facility aims to become a leading hub in the Middle East for smartphone recycling, addressing the growing issue of electronic waste and promoting a circular economy.

By refurbishing and recycling smartphones, the factory will not only reduce electronic waste but also provide affordable, high-quality devices to consumers, thus bridging the digital divide.

This venture signifies Egypt's commitment to embracing green technology and innovation, setting a precedent for similar initiatives in the region.

Moreover, the project is expected to create numerous job opportunities, contributing to the economic growth of both the SCZONE and Egypt at large.

The establishment of this factory is a testament to the visionary approach of Egyptian expatriates and the government's support in leveraging technology for sustainable development.