SEHK:2232Luxury
What Crystal International Group (SEHK:2232)'s Egypt Capacity Expansion Plan Means For Shareholders
Crystal International Group recently announced plans to acquire a large industrial land parcel in Egypt for about US$30.40 million to build new production plants and supporting facilities, subject to local government approval.
This move signals a push to broaden its manufacturing footprint, reduce exposure to concentrated geopolitical and trade-policy risks, and offer global customers more flexible sourcing options.
We will now examine how this planned Egypt expansion, aimed at diversifying...