Ashraf AboArafe
The Turkish Ambassador to Cairo Salih Mutlu Şen said: Turkish investments in Egypt continue to expand and grow. Ambassador Salih Mutlu Şen visited the headquarters and warehouses of the Turkish company BIM Egypt on October 6.
* Better quality and price!
During the statements made by Ambassador Şen to journalists during the visit, he said that BIM Egypt supports Egyptian production through its large chain of stores and the concept of selling products with 100% Egyptian raw materials, the best quality and the cheapest prices.
* Egyptian-Turkish support!
Ambassador Shen pointed out that BIM Egypt and many other Turkish companies that have a large number of stores such as Defacto, LC Waikiki and Collins have expanded their activities in Egypt, explaining that in addition to that, other Turkish companies will come to Egypt and that Turkish investments continue to expand and grow in every field in Egypt and these investments are supported by both the Turkish and Egyptian governments.
* Turkish Foreign Minister in Egypt soon!
Ambassador Shen said that trade, economy and investments are the strongest areas of cooperation between Turkey and Egypt, adding that Foreign Minister Hakan Fidan will come to Cairo soon, and that during that visit trade and economic issues will be discussed between the two sides.
* The best investment destination!
The ambassador added that there are approximately 12,000 BIM stores in Turkey and approximately 800 branches in Morocco.
He stated that Egypt is one of the best investment destinations for Turkey and that 95% of local products are sold at BIM Egypt.
BIM.. Made in Egypt!
In confirmation of the increased confidence enjoyed by the Egyptian industry, BIM Company continues to support the slogan “Made in Egypt” by contributing to the development of economic activity, providing job opportunities, activating the local market, and relying on handicrafts in Egypt such as sewing ropes, hand knitting, blankets, and glass products, as well as exporting local products abroad and selling them in BIM Turkey stores in support of the Egyptian industry.
* About!
BIM Egypt was established in 2013, and the number of its stores reached 380 until June 2024, and it employs more than 2,476 employees, and it has an investment volume of $ 150 million, as the company contributes to the development of economic activity and providing job opportunities through commercial partnerships with local producers, which allows the display of local products at the best quality and reasonable price. BIM Egypt provides products such as sewing ropes, hand knitting, blankets and Egyptian glass products, as well as providing them in its stores in Turkey. Mr. Haluk Dortoğlu, CEO of BIM Turkey, confirmed that the company intends to enhance its investments in Egypt through trust in the Egyptian industry, which enables it to provide high-quality basic consumer products to its customers at reasonable prices. He also expressed his full confidence in the Egyptian economy and industry by displaying products manufactured in Egypt in BIM Turkey stores, pointing out the importance of economic cooperation between the two countries, which began with spinning and glass products and extended to include other products, and that he is currently seeking to establish similar partnerships with local producers through negotiations with them. BIM’s experience in Egypt, especially the experience we gained during the local production of private label products made especially for us, enables us to support the great potential of the Egyptian industrial sector and by paving the way for local production capacity. Enhancing local production through investment in the region is one of our priorities. In addition to “We also contribute to delivering essential consumer products to consumers at reasonable prices through programs and initiatives launched by the Egyptian government. Over the next five years, we seek to increase our investments in Egypt without slowing down, to reach the goal of increasing the number of stores to 1,000 stores and 7,000 employees.” 
